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NACHA Reports Faster Payments Playbook Details

PYMNTS

NACHA’s Payments Innovation Alliance released a report with details from its first formal in-person meeting of the Faster Payments Playbook Project Team. We will continue to move quickly to deliver the faster payments resources that will propel the payments industry forward.”.

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NACHA, FPC Team For Faster Payments Playbook

PYMNTS

NACHA and its Payments Innovation Alliance announced that it is working with the U.S. Faster Payments Council (FPC) to expand the Faster Payments Playbook. The Faster Payments Project Team has been working for almost a year to develop faster payments resources, including the Playbook.

FPC
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Carl Slabicki Named Chairperson of U.S. Faster Payments Council Board of Directors

Fintech Finance

Faster Payments Council (FPC), a membership organization devoted to advancing safe, easy-to-use faster payments in the United States, is pleased to announce that Carl Slabicki, Executive Platform Owner of Treasury Services at BNY, has been named the new Chairperson of the FPC Board of Directors.

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Breaking Down The Faster Payments Construct

PYMNTS

In just a matter of days, the payments industry will see a significant — and ubiquitous — change in the way payments are sent and received. Same Day ACH will create a new option for faster payments for all the banks and credit unions across the U.S. What’s Under The Faster Payments Umbrella?

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Faster Payments: Does The Fed Have A Hidden Agenda?

PYMNTS

Take two announcements from just last week, related to the evolution of faster payments in the U.S. First, there was the Fed’s decision to slow faster payments progress via Same Day ACH because it wasn’t ready to approve another processing window during the day. Then came PayPal’s debut of Instant Transfer to Bank.

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Creating the Faster Payments Tools to Combat Complexity

Faster Payments Council

According to the results of our recent Faster Payments Barometer Study, 48% of organizations identify as early adopters of faster payments. While that's a healthy number, it demonstrates we still have work to do to reach the goal of ubiquitous adoption that is our target here at the Faster Payments Council.

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FPC Work Groups: Exploring QR Codes for Faster Payments

Faster Payments Council

So, why do we think QR Codes are about to take off as a way of initiating faster payments? With increased consumer and business demands on efficiency and speed, QR codes check a lot of faster payments boxes. The group has been tasked with examining ways QR codes may facilitate adoption and usage of faster payments.

FPC