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.

Off the Rails from the U.S. Faster Payments Council Podcast
Nov 14, 2024
Listen to the latest episode of “Off the Rails from the U.S. Faster Payments Council” podcast, sponsored by Open Payment Network! FPC’s Reed Luhtanen goes off the rails with Sumner Francisco of BNY. Reed and Sumner talk about the trend toward open ba...
The Role of Digital Ledger Technology in Core Banking Functions Blog
Oct 21, 2024
In this blog, the FPC Digital Assets Work Group (DAWG) takes a look at the role of digital ledger technology in core banking functions. Anyone who has worked for a financial institution knows that technological change within an organization can lag s...
2024 U.S. Instant Payments Adoption Quantitative Study
Oct 03, 2024
This study is based on a first-of-its-kind survey of U.S.-based third-party enablers to financial institutions. Collectively, respondents to the study serve over 90% of U.S. FIs and provide insights into the projected growth of instant payments adopt...
Distinguishing Advantages in the Format & Structure of ISO 20022 for Instant Payment Adoption
Sep 17, 2024
Building on the implementation guidance in the “How to ISO 20022” report, this second report created by the Cross-Border Payments Work Group, sponsored by Mastercard, delves into the specific benefits that ISO 20022 offers over legacy message standar...
How to ISO 20022
Sep 17, 2024
This report, created by the Cross-Border Payments Work Group, sponsored by Mastercard, provides a detailed roadmap for financial institutions on how to successfully adopt and implement ISO 20022. The guide covers everything from the technical specifi...
Operational Considerations for Receiving Instant Payments Guideline
Sep 12, 2024
This comprehensive guideline, developed by the FPC’s Operational Considerations Work Group, sponsored by Endava, provides essential insights and best practices for financial institutions (FIs) as they navigate the complex landscape of instant payment...
From Potential to Profit: Five Ways FIs Can Break Barriers to Benefit from Instant Payments Report
Jul 30, 2024
The U.S. Faster Payments Council and Finzly’s new report, based on a May 2024 survey, provides actionable insights for FIs to navigate challenges and take advantage of the opportunities with instant payments. Two-thirds of FIs see send capabilities a...
Tokenized Deposits and the Potential for Faster Payments Blog
Jun 28, 2024
In this blog, the FPC Digital Assets Work Group (DAWG) explores tokenized deposits, which offer the promise of significant risk reduction and automation potential to financial markets. Tokenized deposits have the potential to meaningfully drive a...
Faster Payments and Financial Inclusion Survey Report
Jun 06, 2024
Developed by the FPC Financial Inclusion Work Group, this comprehensive report is based on the results from an industry survey, conducted in the third quarter of 2023, that explores the readiness and preparation of financial institutions to implement...
Where Worlds Collide: Currency Conversion for Cross-Border and Digital Assets Blog
Jun 03, 2024
The FPC Digital Assets Work Group published the third in a series of blogs that map out how digital assets relate to the financial services industry, focusing specifically on payments made with digital funds. This latest post discusses the cross-poll...
Navigating Instant Recurring Payments: Consumer, Business, and Financial Institution Perspectives Report
May 07, 2024
This comprehensive needs assessment offers strategic insights into the implementation of instant recurring payments, focusing on the unique perspectives of consumers, businesses, and financial institutions. Spearheaded by the FPC Real-Time Recurring...
Smart Instant Payments Book
Apr 30, 2024
Discover how instant, data-rich, AI, and smart experiences transform check out, eCommerce, bill pay, and payments in the industry’s first book about instant payments. Published by Photon Commerce, this new book includes commentary from the FPC's Reed...