Faster Payments Council Blog

As we say goodbye to winter and set our sights on March and beyond, we look forward to warmer weather, springtime buds, and of course, the FPC’s Spring Member Meeting, where we’ll explore the current state of faster payments with an eye toward the fu...

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. ...

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 ...

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...

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....

Having attended the Faster Payments Council, Spring Member Meeting I had a unique opportunity to meet, learn and the share latest thinking with stakeholders from across the payments industry. For those that weren’t able to attend, it was two days fi ...

As the saying goes, “March winds and April showers bring forth May flowers.” March sets the foundation for the spring months to come. At the FPC, we used the month of March and our 2023 Spring Member Meeting to discuss new ideas to further activitie ...

This year – 2023 – marks the five-year anniversary of the Faster Payments Council. It’s truly remarkable to think about how much we’ve been able to accomplish in such a short time. From foundational initiatives such as establishing our Board and Boar...

As the year comes to a close, I am in awe of just how much the FPC accomplished. And it is due to the dedication and persistence of our FPC Members, a passionate community of nearly 200 strong this year. Our efforts start at home, with events develo...

Faster payments are booming. Q3 Same Day ACH payments grew 23.5 percent over Q3 2021. RTP® grew roughly 29 percent over the same time. Because of the growing success of these payments, transaction limits for Same Day ACH and RTP increased to $1 milli...

Last month’s Financial Literacy Month has put today’s economic environment in a new perspective. With inflation on the rise--prices rose 8.5 percent in March, compared to 2021, the biggest year-over-year gain since December 1981. ...

At the start of any new year, it is only natural to reflect on the events that transpired over the past 12 months. While, as an organization, we faced a number of challenges with COVID’s lingering impacts, through strong and persistent Member support...