The Path To Faster Payments Ubiquity Starts With You
Do you want a hand in shaping the future of the nation’s payments system? The U.S. Faster Payments Council (FPC) is an industry-led membership organization established so Americans can safely and securely pay anyone, anywhere, at any time and with near-immediate funds availability.
FPC members use private-sector approaches to address issues that inhibit adoption of faster payments, and enable end users to reach each other in ways as seamless and transparent to them as mobile texting.
The FPC gives members an edge in navigating the evolving faster payments landscape:
- Focus on the larger goals of safety, security and adoption of all faster payments
- Opportunities to broaden their reach and leverage investments across a much broader base of transactions
- Safe forums for dialogue governed by strong antitrust guard rails
Work Groups Are Where It's At!
Are you interested in having a voice on issues that currently stand in the way of achieving faster payments ubiquity in the United States? The FPC is currently recruiting members for six work groups:
Education & Awareness
Develops an educational and awareness program to foster better understanding of faster payments and confidence among providers and users, ultimately driving adoption and transaction volumes, toward the industry goal of ubiquity.
Sponsored by:
Fraud Information Sharing
Works with existing fraud sharing forums to identify enhancements that will make the current processes more efficient and effective, with an aim towards fostering better user experiences, bolstering confidence and trust in faster payments, and facilitating faster reaction times to address threats to the ecosystem.
Regulatory
Identifies and analyzes laws, regulations, and legislative proposals that may impact faster payments, and considers options as to how to support and accelerate the adoption of faster payments.
Directory Models
Evaluates information, including reports produced by other industry-led work groups, intended to identify and assess an approach for best practices across directory models and/or dependent platforms for the faster payments ecosystem.
Cross Border Payments
Engages organizations currently working on cross border payments and gathers information on what is needed to align the operating policies and requirements of the currently disparate local faster payments systems.
QR Code Interface
Facilitates the adoption and usage of faster payments by developing a QR code template for use by end users and financial institutions.
What Our Members Are Saying
One of the easiest decisions our organization made was whether or not to join the FPC. There’s a lot of need for information about faster payments and that’s what the FPC does very well.
Steve Ledford
Senior Vice PresidentProduct and Strategy
I believe the most important thing for us to focus on as an industry in order to advance faster payments is collaboration; we have that at the FPC.
Josh Karoly
Director, Payments
The FPC does a great job of understanding the broad range of payment needs characterisitcs, and ensuring they are represented among the constituents of the Council.
Devon Marsh
Senior Vice PresidentPayment Industry Relations
Consumer groups have a strong voice in the FPC, with meaningful participation in Board decision-making, which confers opportunities for our perspectives to be heard on important issues related to consumer protections, end-user experiences, and financial inclusion.
Adam Rust
Senior Policy Advisor
Value of Membership
FPC membership provides you an opportunity to shape the future of faster payments and gain an edge in navigating the evolving faster payments landscape.
Resources
FPC members have access to the latest faster payments research, news and information, implementation support, and education and resources to fulfill their faster payments objectives.
Engage & Network
FPC members can participate in Work Groups and committees to ensure their organizational needs and perspectives are considered, as well as to develop relationships with industry peers, potential partners, and customers.
Influence
We identify and evaluate practices, principles and guidelines to enable new faster payments opportunities, increased security and greater access.
Join Now!
Have an active voice in creating the future of faster payments by joining the U.S. Faster Payments Council! Membership is open to any organization with a stake in the U.S. payment system. FPC members enjoy safe forums for dialogue, participate on committees and work groups, and have access to FPC work products. Voting members may also run for a seat on the FPC Board of Directors.
- Voting (General/Business) membership is open to financial institutions, payment network operators, technology providers, consumer organizations, business end users and other organizations with an interest in payments.
- Non-voting (Associate) membership is open to single-person businesses and individuals with a professional interest in payments issues, who, if employed, are not in any way representing, reimbursed by, or funded by their employer.
- Liaisons: Public sector organizations, regulators, policy makers and others may also participate in the FPC as non-voting liaisons upon invitation from the FPC’s Board.