FPC: Wrapping up the Summer with New Opportunities to Celebrate, Share, and Learn

Reed Luhtanen, Executive Director & CEO, FPC

As summer winds down, the FPC is looking ahead to the fall with new opportunities for industry to celebrate the people and organizations advancing faster payments, share their perspectives on faster payments, and learn about emerging technologies shaping the future of the payments industry. From issuing guidelines for global faster payments to exploring standards with X9 and developing resources on fraud mitigation, digital assets, and more, the FPC sits at the heart of payments evolution. Those developments mean there are a number of ways you can engage. Specifically, here are three new ways to get involved:

1. Celebrate – FPC Annual Awards Program: The FPC is thrilled to launch its inaugural Annual Awards Program, recognizing outstanding contributions that advance ubiquity, education, security, and innovation across faster payments. The program includes three awards: the Michael Bilski Faster Payments Leadership Award, the FPC Distinguished Service Award, and the FPC Faster Payments Innovator Award. Awards will be presented annually at the FPC Fall Member Meeting. Sponsorship opportunities are available. Submissions close September 25, so FPC Members, get your nominations in soon.

2. Share – 2026 Faster Payments Barometer Survey: In collaboration with Volante Technologies, the FPC launched its 2026 Faster Payments Barometer Survey to gauge industry perspectives on faster payments in the United States. The survey will measure market adoption, uncover challenges that may be limiting greater adoption, and help inform the FPC’s annual work streams and focus areas. Help us get broad and diverse participation from the industry to ensure the results provide a meaningful picture of the current faster payments landscape. Share your perspectives and complete the survey today.

3. Learn – Blockchain in U.S. Payments and Cross-Border Interoperability: The FPC’s Digital Assets Work Group released two new blog posts that explore the practical role blockchain can play in payment infrastructure. Part 1,  Blockchain in U.S. Payments: A Practitioner’s Guide to the Rails, the Risks, and the Opportunity, examines near-term payment use cases addressing familiar challenges such as settlement delays, reconciliation costs, and liquidity trapped across siloed ledgers. The use cases examined include: Payment Stablecoins and Tokenized Deposits, Cross-Border Payments, Strengthening Regulatory Compliance, Fraud Detection and Prevention, Treasury Management, and Decentralized Infrastructure and Financial Inclusion. The blog reviews how blockchain is or can be used in each of the six use cases and considerations for the industry to support success. 

Part 2, Blockchain in U.S. Payments: Architecture, Interoperability, and the Path to Production-Grade Deployment, explores the technology, infrastructure, and interoperability considerations needed for production-grade deployment. The blog essentially outlines the building blocks to making blockchain use case work effectively — network models, governance, layers, and key service-provider roles — so institutions can successfully integrate blockchain components into existing payment, treasury, and compliance operations. By taking small, measured, and incremental steps, the blog reinforces that organizations can be better positioned to scale blockchain-enabled payments responsibly as the technology matures.


Additionally, the FPC Cross-Border Payments Work Group just issued its latest report, Interoperability: Bridging the Cross-Border Gap in a Faster Payments World. The report evaluates emerging architectural approaches to cross-border interoperability. Specifically, the report looks at shared connectivity models, like Project Nexus, and shared ledger models, such as stablecoins and deposit tokens. The report assesses these approaches based on their potential impact on cost, speed, access, liquidity efficiency, security, and consistency. While the report demonstrates that emerging approaches can provide for significant interoperability improvements when it comes to cross-border payments, gaps like cost of liquidity and liquidity efficiency, compliance data portability and quality, and endpoint fragmentation still remain. Ultimately, the report indicates the path forward may depend on how effectively the models can reduce fragmentation across the full end-to-end payment lifecycle while maintaining trust, regulatory integrity, and broad accessibility across markets.

If you have not already, take the time to look at these latest resources. They can be instrumental in helping organizations better position themselves to effectively support and enable the latest technologies transforming payments.

As we head into the fall, the FPC remains committed to creating opportunities for Members and the greater industry to connect, contribute their expertise, and stay informed on the trends, technologies, and issues shaping faster payments. We hope you’ll get involved if you are not already. Because together, we can continue to move faster payments forward.

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