June 14, 2023 – The (FPC), a membership organization devoted to advancing safe, easy-to-use faster payments in the United States, today announced the results of the 2023 election for its Board of Directors. In this year’s election, FPC members voted in directors who will continue to champion the FPC’s core values of inclusiveness and fairness; flexibility and responsiveness; and transparency in decision-making.
The FPC Board of Directors is comprised of industry leaders from financial institutions, technology providers, business end users, payment network operators, consultants, payments associations, and consumer advocacy groups. The Board is accountable to the FPC members and assumes the critical responsibility of providing strategic guidance, fostering collaboration, and ensuring processes, activities, and recommendations are consistent with the organization’s fundamental principles.
Six senior executives serving three-year terms will be seated as FPC Board Directors on July 1, 2023, including one current Director who will return to the Board for another term and five Directors who are new to the FPC Board. Two additional executives will be seated as FPC At-Large Board Directors and will serve one-year terms, including one current Director and one Director new to the Board.
“We are thrilled to announce the exceptional lineup of the 2023 FPC Board of Directors. This accomplished group of leaders represents a wide array of perspectives and expertise, ensuring a holistic approach to driving faster payments innovation and adoption,” said FPC Board Chairperson Michael Bilski. “I’d also like to extend our appreciation to the directors who will be stepping off the Board for their invaluable contributions, unwavering commitment, and leadership that has been instrumental in shaping the FPC’s vision and driving the progress we have achieved thus far.”
The six new Directors who will join the FPC Board include:
U.S. Faster Payments Council
About the U.S. Faster Payments Council (FPC)
The FPC is an industry-led membership organization whose vision is a world-class payment system where Americans can safely and securely pay anyone, anywhere, at any time and with near-immediate funds availability. By design, the FPC encourages a diverse range of perspectives and is open to all stakeholders in the U.S. payment system. Guided by principles of fairness, inclusiveness, flexibility and transparency, the FPC uses collaborative, problem-solving approaches to resolve the issues that are inhibiting broad faster payments adoption in this country. For more information, please visit .