The Path To Faster Payments Ubiquity Starts With You

Faster Payments Resources

Welcome to the Faster Payments Knowledge Center – a comprehensive suite of resources, tools, news, and research to further faster payments learning. The Knowledge Center is a one-stop repository of all things faster payments designed for anyone seeking more information as they consider implementation.

FPC Members-Only Resources: additional faster payments resources are available in the members-only section of the website under Work Group Deliverables. Please login here to access the following documents:

Beneficial Characteristics Desirable in a Directory Service

Developed by the FPC Directory Models Work Group, this white paper offers a foundation for conversation about the specific characteristics required in a directory that seeks to maximize the economic benefits of faster payments for payors, payees, and all participants in the payments ecosystem. LOGIN

The Economic Benefits of an Independent, Interoperable Directory for Faster Payments

Developed by the FPC Directory Models Work Group, this white paper looks at several areas by which a directory may establish economic benefits, both incremental revenue and cost savings, and attempts to quantify those benefits. LOGIN

Faster Payments Glossary of Terms

Developed by the Education & Awareness Work Group, the Faster Payments Glossary of Terms includes a list of over 180 well-defined terms that are most relevant to the faster payments industry. LOGIN

Consumer End-User Safety & Security FAQs

Developed by the FPC Safety & Security Work Group, the Consumer End-User FAQs resource serves as a tool that financial institutions – and service providers – can use to educate their consumer customers about the differences between faster payments and traditional payments. LOGIN

Blockchain & Crypto in Payments: Transforming the Way Money Moves

Mar 02, 2023

Ripple’s latest whitepaper, in collaboration with the FPC, explores current sentiment and adoption of blockchain and crypto in payments. For this special report, they surveyed almost 300 global payments leaders and found that the majority of responde...

Off the Rails from the U.S. Faster Payments Council Podcast

Feb 23, 2023

Listen to the latest episode of “Off the Rails from the U.S. Faster Payments Council” podcast, sponsored by Volante Technologies! FPC’s Reed Luhtanen goes off the rails with Phillipa Wilson from Mastercard....

Cross-Border Payments Work Group Bulletin.02

Dec 15, 2022

The FPC Cross-Border Payments Work Group Bulletin.02 presents a simple cross-border correspondent banking payment flow model as a guidepost, discusses basic money movement flow to provide context into how cross-border funds move, and raises unanswere...

QR Code Payments: An Offensive Strategy for Instant Payments

Dec 12, 2022

QR codes are poised to transform the instant payments landscape in the U.S. in much the same way magnetic stripe, chip or tap changed the use of card payments. This white paper by Matera outlines how financial institutions can get started with QR cod...

ISO 20022: Exploring the Impact of a New Data Structure on the Payments Ecosystem

Dec 09, 2022

The ISO 20022 financial data standard helps improve the speed and predictability of electronic payments. Learn how ISO 20022 can revolutionize the payments ecosystem in a new white paper developed by Wells Fargo. ...

The U.S. Instant Payments Landscape

Nov 28, 2022

The U.S. payments business generates hundreds of billions of dollars in revenues to banks, payment networks and service providers. Instant payments represent the first fundamentally new payment capability in the U.S. in over 40 years. This white pape...

International Best Practices in Directory Models Infographic

Nov 22, 2022

This infographic provides a summary of the recent white paper, International Best Practices in Directory Models, developed by the FPC Directory Models Work Group....

International Best Practices in Directory White Paper

Oct 13, 2022

The FPC Directory Models Work Group (DMWG) developed this white paper, which presents research on six directory overlays to faster payments systems across the globe including Bizum, Interac, M-Pesa, Pix, Swish, and Unified Payments Interface (UPI). ...

Cross-Border Payments Work Group Bulletin.01

Oct 04, 2022

Developed by the FPC Cross-Border Payments Work Group, this first edition of the Work Group’s Bulletin is focused on Central Bank Digital Currencies (CBDCs) and their effect on cross-border faster payments. The series of Bulletins is designed to educ...

EAWG Use Case Repository Infographic

Sep 27, 2022

The Education & Awareness Work Group (EAWG), sponsored by The Clearing House, developed this infographic which provides guidance on how to use the new Use Case Repository. The robust EAWG Use Case Repository contains over 130 use cases searchable by ...

The Story of PIX.

Sep 23, 2022

How did the Pix instant payments scheme in Brazil become such a success? This white paper explains the main drivers, use cases, the future of Pix, how banks in Brazil make money with Pix and implications for the U.S. ...

Faster Payments for Financial Inclusion Infographic

Sep 21, 2022

This infographic provides a summary of the recent white paper, Faster Payments and Financial Inclusion, developed by the FPC Financial Inclusion Work Group....