Faster Payments Council Blog

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 ...

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...

The progress towards ubiquitous faster payments on a global scale is gaining momentum. With the global transition to ISO 20022, originally slated to take place in November, and now on track for a March 2023 deadline, we will see all payment systems m...

Recently, the FPC shared with members the detailed findings from our latest resource, the Business End-User Satisfaction with Faster Payments Momentum Report, a qualitative follow-up to some of the findings in the 2021 Faster Payments Barometer. ...

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...

“If you build it, they will come.” While that advice proved successful for Kevin Costner in “Field of Dreams,” its applicability to faster payments does not transfer as easily. We were keenly reminded of this important fact during our most recent FP...

In an effort to address questions about the Federal Reserve’s recently announced FedNow℠ Service and engage in dialogue on the many considerations that come with the new real-time gross settlement...

The clock is ticking. While responses to the FedNow Request for Comment aren’t due until November 7, we’re looking at a significant strategic undertaking: we’re forming recommendations for the first...