Faster Payments Council

SEPTEMBER 17, 2019

Kirstin spoke openly with our membership, addressing questions coming in from our members on topics such as ubiquity, interoperability, and industry collaboration. We were thrilled to have upwards of 100 of our members on the line to hear directly from Kirstin Wells, principal economist at the Federal Reserve Board.

FPC

PYMNTS

DECEMBER 7, 2017

These ensure that the money promised is actually available to be sent and that the payment is irrevocable, or can’t be taken back by the sender once it appears in the recipient’s account. And once the customer responds by sending the money, he added, there’s no taking it back — irrevocable payments are part of the value proposition.

Irrevocability

PYMNTS

MARCH 7, 2016

the financial services industry has worked itself into a lather to move heaven, earth and 13K banks toward a faster payments solution — or should I say solutions — that would allow originating banks to move money to a receiving bank and for that receiving bank to make those funds available to those consumers instantly. Here in the U.S.,

Online and Mobile Banking