Remove Irrevocability Remove Real Time Payments Remove Underserved
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FPC 2022 Fall Member Meeting

Faster Payments Council

They will discuss how the recently published white paper on "Faster Payments and Financial Inclusion" illustrates the pain points and barriers to financial inclusion, actions, and solutions to expand, requirements of the underserved, action and solutions for issues, and considerations for faster payment stakeholders.

FPC 88
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Sleepless In Payments

PYMNTS

It’s a wave that was set in motion worldwide a few years ago when regulations in a few countries mandated that consumers and businesses have a right to access funds sent to them in real-time. In other words, it’s a teeny and tiny part of the payments mix in the countries where it was required to happen. Here in the U.S.,

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Rewiring the cross-border payments paradigm: Risk and security in correspondent banking confirmation

The Payments Association

As global markets continue to evolve, cross-border payments remain a critical pillar of international commerce. Underserved jurisdictions are becoming increasingly accessible, enabled by improved connectivity and more sophisticated partnerships. But as Paul Palmer pointed out, safety in real-time payments isnt just a legal question.