The Path To Faster Payments Ubiquity Starts With You

Faster Payments Council Blog

Scaling for Faster Payments
Feb 08, 2024
Faster payment channels are relatively new within the U.S. compared to its use in countries around the world. However, what may be perceived as a lag in technological adoption in the U.S. should be considered an opportunity for financial institutions...
FPC’s Hitting the Year Running
Feb 05, 2024
We’re just a month into 2024, but we are already hitting the ground running, having released three major industry resources in the last few weeks. On January 10th, we issued The Practicalities of Cross-Border Payments in a Faster Payments World. ...
Digital Assets in the Financial Industry
Jan 31, 2024
The Faster Payment Council (FPC) Digital Assets Work Group is proud to present the first of a series of blogs that map out how digital assets relate to the financial services industry, focusing specifically on payments made with digital funds. ...
From Banking to Fintech: The Evolution of Instant Payments
Jan 18, 2024
There has never been a more exciting time in the world of Instant Payments and there is tremendous buzz in the industry that confirms that excitement. Even for banks and financial institutions that have not yet made the decision to implement instant ...
FPC: Setting Our Sights on 2024
Jan 08, 2024
With 2023 in the rearview, here at the FPC, we are shifting our focus to 2024. Last year, many of our efforts, as well as larger industry initiatives like the launch of new faster payments offerings and services, laid the groundwork for 2024 plans a...
Thankful for the Member-Driven Accomplishments of 2023
Dec 06, 2023
Like many of my American friends and colleagues, I was able to take time over our Thanksgiving holiday to enjoy and appreciate loved ones and reflect on all we have to be thankful for. I think I speak for all of us at the FPC when I say we are truly ...
Faster Payments Scary? Not Anymore
Oct 31, 2023
Five years ago, the industry might have been “scared” of faster payments, but this October, fear seems to have left the building. RTP® recently surpassed 1 million payments in a single day. Just two months after launch, the FedNow® Service has more ...
Ending September on a High Note with the Fall Member Meeting
Oct 06, 2023
And just like that, September has come to a close. Our successful 2023 Fall Member Meeting concluded just last week, and what a way to end the month! to see so many Members and industry participants at the fall event, engaging in discussion around th...
It’s FedNow® or Never: Insights from Iliad’s Instant Payments Webinar
Sep 18, 2023
As Reed Luhtanen, Executive Director of the FPC, says - it’s a really exciting time for instant payments in America right now. That’s because, thanks to the FedNow Service’s recent launch, we’ve witnessed a number of the nation’s biggest financial in...
Pumpkin, Football, and Halloween: The Fall Member Meeting is Almost Here
Sep 08, 2023
The Pumpkin Spiced Latte returned at Starbucks. Stores are showcasing their Halloween displays. And college and NFL football are kicking off. What does this all mean? Fall is basically here, and so too is our 2023 Fall Member Meeting....
FedNow® is Here, But Our Work is Far From Over
Aug 03, 2023
What a historic month for faster payments in the United States! The second instant payments system, FedNow®, formally launched, enabling new opportunity and innovation for financial institutions, payments providers, businesses, and consumers....
Cross-Border Payments: Getting Them to Their Ultimate Destination
Jul 03, 2023
Summer is officially here and travel is surely on the mind. At the FPC, we’re also thinking about how payments travel cross-border. As we all know, cross-border payments can be slow and costly. They often lack transparency. And the process to ensure ...