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What’s Fast And Slow And Read All Over?

PYMNTS

But recommendation number five is for the Fed to “determine the optimal design of and implement a 24/7/365 settlement service to serve the needs of the faster payments system…and level the playing field.” It’s also a puzzle that we’d even look to the Feds in the first place to drive payments innovation. back in 2014.

Fed 47
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Rediscovering The Missing Principles Of Faster Payments

PYMNTS

banks operate the rails because it’s their assets that these rails will move, but it’s still up for the debate if ownership lies with the clearinghouses, the Fed or even the card networks. As new payment rails are deployed, the biggest question is who actually owns them. FIs in the U.S.

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FPC 2023 Fall Member Meeting

Faster Payments Council

Few use cases have the potential for growing volumes as do commerce payments yet paying a merchant with a credit push transfer isn't easy. (Foundry Ballroom) Payment networks need volume to scale and keep costs low. Thise session envisions the art of the possible for commerce use cases in the U.S.

FPC 88