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Hosted by the FPC's Education and Awareness Work Group, this Town Hall offered an opportunity for direct engagement with the Fed, including a robust Q&A session. As was suggested on the Fed's own webinar earlier this month, they are looking to the FPC as a place for collaboration, engagement and discussion. Because your input matters.
While, as an organization, we faced a number of challenges with COVID's lingering impacts, through strong and persistent Member support, the FPC continued to advance our agenda in 2021, and as such, has much to celebrate, as we look to 2022. If interested in participating, please visit the FPC site to register. But we need more.
So, that's the intent of the FPC's newly formed End-User QR Code Interface Work Group, chaired by Walmart's Matt Howarter. But as the FPC launches this initiative, we do it with the knowledge of the work that has preceded us. These are the questions the FPC is uniquely poised to address.
Since its inception, the FPC has recognized the need for tools to support the evolving faster payments industry. These tools have become key resources for FPC members. The FPC is always looking to grow our Work Groups. We can't explore faster payments without touching on the parameters needed to safeguard transactions.
Faster Payments Council (FPC), a membership organization exclusively devoted to advancing faster payments in the United States, today announced that the Federal Reserve System has joined the FPC as a founding sponsor. For more information on the FPC or its current work group efforts, visit FasterPaymentsCouncil.org.
View the FPC Barometer Results from the 2019 survey revealed how respondents are using faster payments today, the challenges facing their organizations, and what the industry needs to do to facilitate faster payments in the U.S.
Faster Payments Council (FPC), a membership organization devoted to advancing faster payments in the United States, today released the results of the 2020 election for its Board of Directors. In this year's election, FPC members voted in new directors to a Board that benefits both from continuity and fresh perspectives.
Faster Payments Council (FPC), a membership organization devoted to advancing safe, easy-to-use faster payments in the United States, today released the results of the 2021 election for its Board of Directors. FOR IMMEDIATE RELEASE May 24, 2021 – The U.S.
Developed by the FPC Network Committee, this white paper explores different models that can connect systems together to achieve payments interoperability such as point of origination, network to network, or with an intermediary, and how settlement could work in those models.
Faster Payments Council (FPC), a membership organization devoted to advancing faster payments in the United States, today released a new Faster Payments Interoperability white paper developed by the FPC Network Committee. For more information on the FPC, its current work efforts or to join, visit FasterPaymentsCouncil.org.
Faster Payments Council (FPC), a membership organization devoted to advancing faster payments in the United States, today announced it has launched two new FPC Work Groups: Financial Inclusion and Real-Time Recurring. The ideas for new FPC Work Groups are brought forward by FPC members from across the payments ecosystem.
Faster Payments Council (FPC), a membership organization devoted to advancing safe, easy-to-use faster payments in the United States, today released the first edition of the Faster Payments Fraud Survey and Report. For more information on the FPC, its current work efforts or to join, visit FasterPaymentsCouncil.org.
Faster Payments Council (FPC), a membership organization devoted to advancing safe, easy-to-use faster payments in the United States, today released the first edition of the Faster Payments Fraud Survey and Report. For more information on the FPC, its current work efforts or to join, visit FasterPaymentsCouncil.org.
Faster Payments Council (FPC), in partnership with Glenbrook, today released the research white paper, "Faster Payments and the Potential to Transform Consumer Bill Pay." This latest paper is part of a three-year, multifaceted industry study consisting of quantitative and qualitative research, launched by the FPC and Glenbrook last year.
Faster Payments Council (FPC), in partnership with Glenbrook Partners, today released the research report, Why Interoperability is Important to Faster Payments. The report is the latest part of a three-year, multifaceted industry study consisting of quantitative and qualitative research, launched by the FPC and Glenbrook in 2019.
Faster Payments Council (FPC), in partnership with Glenbrook Partners, today released results from the 3rd annual Faster Payments Barometer. The FPC conducted the latest survey of payments system stakeholders to gauge progress and perceptions around faster payments, trends, use cases, and challenges in the United States. "Now
As the new year begins to take shape, this idea continues to resonate as a strong guiding principle for the work of the FPC. And this month, it's also one of the reasons we are excited to announce the release of the FPC's newest industry report, "The State of Play in U.S. Faster Payments."
Faster Payments Council (FPC), in partnership with Glenbrook, today released results from the Faster Payments Barometer. By design, the FPC encourages a diverse range of perspectives and is open to all stakeholders in the U.S. By design, the FPC encourages a diverse range of perspectives and is open to all stakeholders in the U.S.
This infographic provides a summary of the recent white paper, Faster Payments and Financial Inclusion, developed by the FPC Financial Inclusion Work Group. Download Infographic
This infographic provides a summary of the recent white paper, QR Codes for Faster Payments, developed by the FPC QR Code Interface Work Group. Download Infographic
At the FPC, we are tackling this issue head on. We have established a Cross Border Payments Work Group, and the work of these dedicated FPC Members has already resulted in the release of our latest white paper, Cross-Border Faster Payments. The FPC is driving this conversation and addressing other tough faster payments topics.
Developed by the FPC Fraud Information Sharing Work Group, this report explores the results of its inaugural Faster Payments Fraud Survey, offers insight in comparison to non-U.S. geographies, and provides a global context of faster payments and fraud. Download the Report
The report is part of a three-year, multifaceted industry study consisting of quantitative and qualitative research, launched by the FPC and Glenbrook in 2019. Developed in partnership with Glenbrook Partners, this research report explores why interoperability is important to industry stakeholders. View the Document
ACI Worldwide and the FPC recently completed a survey to help U.S. The growth of in-market faster payments solutions, along with the impending launch of FedNow in the United States, has created a new dawn for a new generation of payment hubs. financial institutions speed their modernization journeys. Download the Report
Developed by the FPC Cross-Border Payments Work Group, this white paper addresses use case and experience requirements for cross-border faster payments, particularly along the dimensions of speed, cost, ubiquity, transparency, and risk.
This infographic, developed by the FPC Directory Models Work Group, takes its two recent white papers on directory models for faster payments and reduces both into easily digestible content for better industry understanding.
Developed by the FPC Network Committee, the State of Play in U.S. Faster Payments industry report provides an update on the market for instant and immediate payments services in the United States, focusing on the various underlying payment networks.
This month, the FPC released the results of the third installment of the Faster Payments Barometer, the annual survey that gauges progress and perceptions around faster payments, use cases, trends, and challenges. And other industry participants and FPC Members are working towards real-time cross-border payments as well.
Adam Telem, Vice President, Product Management, Mastercard, who moderated the session underscored a key concept being addressed by the FPC. "It That's why the [FPC's] Financial Inclusion Work Group is so important," Jay Collins, General Counsel and Corporate Development Officer, Ingo Money, Inc., Learn more here.
Thankfully, at the FPC, education is a key component of what we do. Building on the success of the Playbook for financial institutions, the FPC has again partnered with Nacha's PIA to develop a version of the Playbook for business end-users and corporates.
According to the inaugural FPC/Glenbrook Faster Payments Barometer, faster payments' biggest challenge is that systems do not interoperate with each other. At the FPC, we understand the challenge ahead of us, and we're not shying away from it. In fact, we're already taking substantial steps toward our ubiquitous future.
It's why the FPC is committed to making faster payments a reality, as these payments, along with other measures to support the financially vulnerable, can go a long way in maintaining the financial health of Americans and building financial resilience.
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