How a Directory Service Accelerates Instant Payments: Consumer Bill Pay Example Report
This report, produced by the FPC Directory Models Work Group, provides a detailed examination of how directory services can enhance the efficiency, security, and reach of instant payments.
As instant payments adoption continues to grow, financial institutions, fintechs, and payment service providers face challenges in managing account information, ensuring interoperability, and mitigating fraud risks. Directory services play a key role in addressing these challenges by enabling seamless routing of payments and protecting sensitive payment credentials.
The report explores various directory models, highlighting their benefits and real-world use cases. It also examines implementation considerations for organizations integrating directory services into their instant payments strategy.
Download Report
Go Back As instant payments adoption continues to grow, financial institutions, fintechs, and payment service providers face challenges in managing account information, ensuring interoperability, and mitigating fraud risks. Directory services play a key role in addressing these challenges by enabling seamless routing of payments and protecting sensitive payment credentials.
The report explores various directory models, highlighting their benefits and real-world use cases. It also examines implementation considerations for organizations integrating directory services into their instant payments strategy.
Download Report