July 8, 2025 – The U.S. Faster Payments Council (FPC), a membership organization devoted to advancing safe, easy-to-use faster payments in the United States, today announced the appointment of Phillipa Wilson, Vice President, of US Faster Payments Strategy at Mastercard, as Chairperson of its Board of Directors. Peter Tapling, Managing Director of PTap Advisory, LLC, has been appointed Vice Chairperson of the Board and will also serve as Chair of the FPC Operations Committee.
Phillipa Wilson brings extensive experience in driving faster payments strategy and product partnerships to her new role on the FPC Board. At Mastercard, she is responsible for developing strategic relationships that support the growth of faster payments in the United States. Her career includes leadership roles at J.P. Morgan and American Express, where she built and scaled payments products and go-to-market strategies, led customer-focused innovation initiatives, and championed the adoption of modern payments infrastructure.
"It is a tremendous honor to be selected as the Chair of the Faster Payments Council Board,” said Wilson. “Mastercard is committed to advancing its vision for a seamless, secure, and innovative payment system that meets the needs of all stakeholders. Together, we will drive the evolution of faster payments and ensure that our industry remains at the forefront of progress and excellence."
Peter Tapling is a longtime leader and advisor in payments, fraud, and identity. Through his consultancy PTap Advisory, he advises financial institutions, technology providers, and investors on strategic issues related to innovation, payments, and risk. Peter has contributed to many key advancements in the space, including mobile authentication, PKI, faster payments, and blockchain. He has been an active participant in the FPC since its inception.
"The U.S. Faster Payments Council has brought together the brightest minds in payments to drive awareness, adoption and safety of faster payments. It is an honor to be selected to serve as Vice Chairperson of the FPC Board,” said Tapling.
The FPC Board is composed of leaders from across the payments industry, including financial institutions, technology providers, payment networks, business end users, and consumer advocates. The Board is responsible for providing strategic guidance, fostering cross-sector collaboration, and upholding the FPC’s core values.
“The FPC benefits immensely from having thoughtful, experienced leaders at the helm of its Board,” said Reed Luhtanen, FPC Executive Director and CEO. “Phillipa and Peter’s deep industry knowledge and commitment to collaboration will help ensure the FPC continues to drive meaningful progress in faster payments adoption and innovation.”
The FPC brings together diverse stakeholders to address key challenges and opportunities in faster payments, including interoperability, fraud mitigation, financial inclusion, and adoption. Through collaborative work groups and industry engagement, the FPC is helping to create a faster payments landscape that works for everyone.
For more information on the FPC, its current work efforts or to join, visit FasterPaymentsCouncil.org.