Remove FPC Remove Funds Availability Remove Use Case
article thumbnail

Visa Direct to Make Funds Available in U.S. Cardholders’ Bank Accounts in One Minute or Less

Fintech Finance

Visa Direct reaches 99% of bank accounts in the US, and over 11 billion endpoints including cards, accounts and digital wallets around the world. With faster funds availability, organizations can enhance their operational efficiency, deliver better customer experiences, and foster trust among their clients. Upgrading the U.S.

article thumbnail

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.

article thumbnail

U.S. Faster Payments Council Launches New Work Groups Focused on Financial Inclusion and Real-Time Recurring Payments

Faster Payments Council

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.

article thumbnail

U.S. Faster Payments Council Releases Consumer Bill Pay Research White Paper

Faster Payments Council

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.

article thumbnail

Visa Direct to Accelerate Fund Transfers to Under a Minute by 2025

The Fintech Times

Visa is enhancing its Visa Direct service to enable rapid transfers, making funds available in US bank accounts within one minute starting in April 2025. Starting April 2025, consumers, businesses and governments will be able to use Visa Direct to swiftly deposit funds into accounts linked to eligible debit cards.

article thumbnail

U.S. Faster Payments Council Shares Results from 3rd Annual Faster Payments Barometer

Faster Payments Council

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.

article thumbnail

U.S. Faster Payments Council Reveals Results from Inaugural Faster Payments Barometer

Faster Payments Council

Faster Payments Council (FPC), in partnership with Glenbrook, today released results from the Faster Payments Barometer. Participants were asked to select from 16 options which use case their organization was currently most interested in for faster payments. Contact: Elizabeth Grice U.S. payment system.