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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. Its first version will focus on financial institutions (FIs), such as credit unions, as well as community and regional banks, while one for business endusers is set to follow.
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.
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.
This week’s exploration of the latest in payment rail innovation finds industry heavyweights like Visa, SWIFT and NACHA eyeing speed and data to add value to both new and legacy payment infrastructures. “They all share a common passion and interest in advancing the FPC’s mission and we look forward to their valuable contributions.”
Thankfully, at the FPC, education is a key component of what we do. It's a primary reason we partnered with Nacha's Payments Innovation Alliance (PIA) to launch the Faster Payments Playbook.
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