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Payment Players Launch U.S. Faster Payments Council To Speed Up Payments

PYMNTS

Faster Payments 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. A group of payment players announced Tuesday (Nov. 13) that they created a new organization, dubbed U.S.

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U.S. Faster Payments Council Publishes Interoperability Research Report

Faster Payments Council

As a result, we decided to focus our latest qualitative research with Glenbrook on 'why' interoperability is important to end users and providers alike, in order to identity the best path forward to ubiquitous faster payments." This flexibility may prove to be a critical component for faster payments to become ubiquitous in the United States."

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Businesses Want Real-Time Payments — What Will It Take To Get There?

PYMNTS

That’s the idea behind the recently launched Faster Payments Council (FPC), a group of payment industry participants with the goal of providing a ubiquitous payment system with near-immediate funds availability anywhere. New PYMNTS research painted a detailed picture of how the market is seemingly ready for such transactions.

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

Faster Payments Council

Over the course of the last year, the FPC and its Work Groups have undertaken many important projects to advance its mission of inclusive and ubiquitous faster payments in the United States. The ideas for new FPC Work Groups are brought forward by FPC members from across the payments ecosystem. payment system.

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

Faster Payments Council

"Our latest research uncovered evolving issues and challenges in the bill pay space, which will help guide the FPC's current and future workstream topics and set the stage for the ubiquitous adoption of faster payments." By design, the FPC encourages a diverse range of perspectives and is open to all stakeholders in the U.S. payment system.

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

Faster Payments Council

As part of its ongoing mission to understand, influence, and drive the industry toward a ubiquitous faster payments system, the FPC conducted the survey of payments system stakeholders to gauge their views on a variety of topics related to faster payments in the United States. payment system.

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Small Banks Essential To Faster Payments Ubiquity

PYMNTS

” Having these smaller banks participate, Hay added, is “absolutely vital” for the faster payments initiatives to truly get off the ground and become ubiquitous. Corporates often want to make disbursements available to payees faster, Hay explained.