Faster Payments and Financial Inclusion Survey Report
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 faster payment solutions and their impact on financial inclusion.
The survey aimed to identify the commercial and product features necessary to enhance financial inclusion through faster payments. With respondents from banks, credit unions, payment providers, and businesses, the survey report sheds light on the current state of faster payments integration and the efforts needed to ensure these solutions are inclusive for all Americans.