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FasterPayments Council (FPC), a membership organization devoted to advancing safe, easy-to-use fasterpayments in the United States, today published a new report, How a Directory Service Accelerates Instant Payments , produced by the FPC Directory Models Work Group. ” The post U.S.
NACHA and its Payments Innovation Alliance announced that it is working with the U.S. FasterPayments Council (FPC) to expand the FasterPayments Playbook. The FasterPayments Project Team has been working for almost a year to develop fasterpayments resources, including the Playbook. “The
A group of payment players announced Tuesday (Nov. FasterPayments Council (FPC), aimed at working toward a ubiquitous payment system that enables Americans to safely and securely pay anyone, anywhere and at any time with near-immediate funds availability. 13) that they created a new organization, dubbed U.S.
According to the results of our recent FasterPayments Barometer Study, 48% of organizations identify as early adopters of fasterpayments. 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 FasterPayments Council.
The uptake of fasterpayment systems keeps going up — and up, and up. EBA CLEARING ’s RT1 system, meanwhile, has processed more than 5 million transactions since launch — but some have said the fasterpayments space could be growing even faster. So, what’s holding back a more rapid fasterpayments adoption?
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