Remove Interoperability Remove Origination Remove Request for Payment
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The Clearing House On The Race for Real-Time Payments In The US

PYMNTS

Waiting for the Fed — and its promise of interoperability, which requires participation from the private sector — is akin to playing the (very) long game. financial services ecosystem, traction may have thus far been slower than originally thought. Achieving ubiquity across the 12,000 or so FIs in the U.S.

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FPC Draws Member Input with Town Halls on FedNowSM

Faster Payments Council

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
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Payments Rails, Laying New Tracks

PYMNTS

Innovation that rides on top of the rails can come from originators and receivers and software companies as well, said Estep. Mastercard’s Malhotra said that as the card networks work, “we actually make these payments process within the blink of an eye.”