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The Path To Faster Payments Ubiquity Starts With You

Faster Payments Council Blog

All Categories * Barometer Study * Industry Landscape * FedNow * Member Meetings * Town Halls * Work Groups
Interoperability and Why it is Dominating the Faster Payments Conversation
May 24, 2021
Reed Luhtanen, Executive Director, FPC.
June marks the midpoint of the year. While it seemed like 2020 would never come to an end, 2021 is moving along at lightning speed. And the FPC seems to be keeping pace with it, having accomplished so much already this year: the launch of two new Wor...
The Changing Landscape of Banking Experience with RTP
May 18, 2021
John Burgos, Vice President – Business Development North America, Mindgate Solutions
We can all agree that the world has shifted, and this shift has affected the way we do many things.  While real-time payments (RTP) was previously considered an infrastructure luxury, it has now become a common method of payment in many parts of the ...
Exploring How Faster Payments Can Support Financial Inclusion
Apr 30, 2021
Reed Luhtanen, Executive Director, FPC
April is Financial Literacy Month, when the nation is focused on spreading financial literacy education to help consumers understand how to better manage money. In a time when many Americans are still reeling from the financial impacts of the ongoing...
U.S. Payments Players Must Build on Real-Time’s Breakthrough Year
Apr 22, 2021
Craig Ramsey, Head of Real-Time Payments - Banking, ACI Worldwide
We’ve become accustomed in recent years to talking of real-time payments in the U.S. in terms of its untapped mega-market potential. But, like so much else, it seems that the trend-shattering events of the previous year-and-a-bit have intervened to t...
Working Through Faster Payments Challenges and Opportunities in FPC Work Groups
Mar 17, 2021
Reed Luhtanen, Executive Director, FPC
Real work happens in the FPC’s Work Groups. They’re where we engage in the sometimes difficult, but necessary, dialogue to move faster payments forward. They’re where we identify the best options to solve specific problems. They’re where we create th...
Leveraging Past and Present to Guide the Future
Feb 01, 2021
Reed Luhtanen, Executive Director, FPC
Maya Angelou once said, “You can’t really know where you are going until you know where you have been.” As the new year begins to take shape, this idea continues to resonate as a strong guiding principle for the work of the FPC. For our work, evalua...
For All the Progress, Challenging Work Still Ahead for Faster Payments
Dec 22, 2020
Reed Luhtanen, Executive Director, FPC
As each year comes to a close, it is customary to look back and take stock of accomplishments. 2020 is no different, despite the challenging year we’ve all faced due to the impacts of the COVID-19 pandemic. But even with the challenges, which for man...
Planning for Faster Payments in 2021 and Beyond
Nov 05, 2020
Reed Luhtanen, Executive Director, FPC
Autumn brings falling leaves, cooler weather, and for many organizations, strategic planning. As such, it is an opportune time to highlight the importance of planning for faster payments. While we’ve been encouraging organizations to prepare for year...
Meeting Unprecedented Times with Faster Disbursements
Oct 14, 2020
Reed Luhtanen, Executive Director, FPC
In a year where we’ve seen the emergence of the COVID-19 pandemic, the raging wildfires in California, a hurricane season so active we’ve exhausted the alphabet, and more, “unprecedented” has become an all too familiar term. And these incomparable ti...
U.S. Faster Payments Evolution: Share Your Thoughts on the Journey
Oct 05, 2020
Reed Luhtanen, Executive Director, FPC
For most of us, the pandemic has upended our way of life. It has changed our working styles and environments. It has altered shopping habits. It has driven a surge in touchless and remote transactions. And while all of these are colossal shifts for ...
FPC Releases Faster Payments Fraud Prevention White Paper
Aug 04, 2020
Reed Luhtanen, Executive Director, FPC
“Faster payments equals faster fraud.” It’s the proverbial phrase that has echoed throughout the financial services industry since faster payments were introduced in the United States (well, even before they were formally introduced.) And there is po...
Solving for the Interoperability Challenge
Jun 12, 2020
Reed Luhtanen, Executive Director, FPC
Within the faster payments arena, we’ve got a lot. We have faster payments rails, including The Clearing House’s RTP® Network, the ACH Network (Same Day ACH), Visa Direct, Mastercard Send, and soon, a brand-new rail in FedNow℠. ...