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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:

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
Transparency Guidelines for PSPs – Business Transactions
The FAQ-style chart helps service providers formulate disclosures, marketing materials, and notifications for business transactions to support increased transparency around transaction characteristics, fees, and the resolution of errors and disputes.  LOGIN
Transparency Guidelines for PSPs – Consumer Transactions
The FAQ-style chart helps service providers formulate disclosures, marketing materials, and notifications for consumer transactions to support increased transparency around transaction characteristics, fees, and the resolution of errors and disputes.  LOGIN
All Categories Industry Guides & Research White Papers
The State of Play in U.S. Faster Payments
Jan 26, 2021
Developed by the FPC Network Committee, the State of Play in U.S. Faster Payments industry report provides an update on the market for instant and immediate payments services in the United States...
2021 Real-Time Payments Market Insight Report
Dec 15, 2020
Levvel’s 2021 Real-Time Payments Market Insight Report explores RTP for modernizing business processes. This report provides a guide to the many use cases of RTP for businesses....
AFP Payments Guide: The Changing Face of Cross-Border Payments
Dec 09, 2020
Cross-border payments are vital to the overall global payments infrastructure. But while new initiatives and payments technology innovations have emerged in recent years to move cross-border payments forward, multiple obstacles remain in place and ne...
2020 Faster Payments Barometer
Dec 07, 2020
The 2020 Faster Payments Barometer is the 2nd annual study designed to gauge faster payments advancements in the United States. Results from the 2020 survey revealed how respondents are using faster payments today, the challenges facing their organi...
Accelerating The Real-Time Payments Demand Curve
Nov 19, 2020
Accelerating The Real-Time Payments Demand Curve: What Banks Need To Know About What Consumers Want And Need, a PYMNTS and Alacriti collaboration, examines consumers’ understanding of real-time payments and the methods they use for different types of...
Flavors of Fast 2020
Oct 16, 2020
FIS has released its Flavors of Fast 2020 report. It’s packed with exclusive insights from industry insiders and bold predictions for how faster payments will continue to evolve, along with their annual analysis of notable movements on real-time sche...
Examining Faster Payments Fraud Prevention
Jul 29, 2020
Developed by the FPC Fraud Information Sharing Work Group, this research white paper takes a fresh look at the current fraud themes and trends, and approaches for mitigating these risks in a faster payments environment. ...
Faster Payments and the Potential to Transform Consumer Bill Pay
Jul 21, 2020
Developed in partnership with Glenbrook, this research white paper takes a close look at the two main models that serve the consumer bill pay industry today: biller direct model and bank bill pay model. The paper also explores how Request for Payment...
Leveraging ISO 20022: Models for Early Adopters
Jul 13, 2020
Our friends at 20022 Labs recently released a free discussion paper titled "Leveraging ISO 20022: An early-adopters’ guide to data rich payments.” It’s a great resource to help any FPC member think through how they can capture the benefits of ISO 200...
Faster Payments Interoperability
Jun 03, 2020
By FPC - June 3, 2020
Developed by the FPC Network Committee, this white paper explores different models that can connect systems together to achieve payments interoperability such as point of origination, network to network, or with an intermediary, and how settlement co...
Financial Institution Safety & Security FAQs
Apr 13, 2020
By FPC - April 13, 2020
Developed by the FPC Safety & Security Work Group, the Financial Institution FAQs resource provides key terms and definitions to support faster payments understanding. In addition, it provides information to help FIs understand the safety and securit...
Faster Payments Playbook
Mar 20, 2020
By FPC - March 20, 2020
The Faster Payments Playbook is an online educational and decisioning platform to assist banks and credit unions develop a faster payments strategy from concept to reality....