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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

The Real-Time Recurring Work Group will promote the development and adoption of real-time recurring payment solutions to be used by business end users and financial institutions. The list of use cases for real-time recurring payments has grown substantially in recent years. payment system.

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

Faster Payments Council

Results from the survey indicated that bill pay ranked as one of the top three use cases for both FIs and businesses with nearly 60% of respondents indicating it as a top priority. Given these findings, the FPC and Glenbrook positioned bill pay as the subject for a second round of qualitative research. 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. Contact: Elizabeth Grice U.S. 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. Naturally, one of the first use cases to come to mind for real-time payments is P2P payments. And among those niche areas is B2B payments, Hay said.

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Why Certainty Rules Payments

PYMNTS

Consumers know that payment methods bearing their brand are accepted at tens of millions of merchants globally and that when they use those products, they work reliably. Retail payments innovators have tapped into that ubiquity-driven certainty to enable new use cases that extend their reach. That creates certainty.

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