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Work Group Summaries and Progress Updates

Read summaries on all the work groups and stay up to date on all the great progress underway by the work groups. Additional work group summaries and updates will be uploaded soon. Interested in joining a Work Group? Sign up here. All members are welcome.

Education & Awareness Work Group


Work Group Chair: Charles Harkness

Work Group Vice Chair: Steve Wasserman

June Update: The Group’s Solution/Service Providers subgroup has opened up the Solution Providers Catalogue for new submissions and plans to launch the questionnaire to collect responses for the new Service Providers Catalogue in late July. The Group’s other subgroups – Use Cases, FAQs, Outreach, and Glossary of Terms – continue to refine their deliverables and will be advancing the drafts to the Operations Committee and then the Board for review in Q3. The Group is also finalizing the FPC Town Hall Series calendar for the remainder of the year.

Download the Charter

Fraud Information Sharing Work Group


Work Group Chair: Andrew Haskell

Work Group Vice Chair: Deborah Baxley

June Update: The Group recently voted to disband the work group under its current Charter and Deliverables. Some Group members volunteered to join a small group to recharter and put a proposal together for the next phase of the Fraud Information Sharing Work Group.

Download the Charter

Directory Models Work Group


Work Group Chair: Peter Tapling

Work Group Vice Chair: Lou Grilli

June Update:  The Group’s next deliverable, a “Directory Models International Best Practices” white paper, will examine best practices for optimizing directory models to reduce friction in the payment value chain and increase adoption of faster payments. The Group is targeting Q3 for publication of the publicly available resource. The Group has submitted a proposal to present at the Fall Member Meeting on the topic, “Directory Models WG: International Lessons Learned.”

Download the Charter

Cross-Border Payments Work Group


Work Group Chair: Barry Tooker

Work Group Vice Chair: James Sellick

June Update: The Group is in the process of drafting the second edition of its Cross-Border Payments Bulletin  a complement to the first edition which will continue the dialogue with industry leaders as to the design choices, implications, and considerations of a cross-border central bank digital currency models.  The group plans to issue the second edition for review and approval by the FPC Board as a publicly available deliverable in September. The Group has submitted a proposal to present at the Fall Member Meeting on the topic, “Central Bank Digital Currencies and Their Potential Impacts on Cross-Border Payments.”

Download the Charter

QR Code Interface Work Group


Work Group Chair: Scott Green

Work Group Vice Chair: Steve Mott

June Update: The Group has finalized the draft of its white paper, QR Codes for Faster Payments, which will be a publicly available industry resource for all users of faster payments systems. The white paper includes an intro to QR codes, review of payment QR codes, implementation examples, and use cases that may best assist in the adoption of faster payments. The Group is targeting late July for publication of the paper after review/approval by the FPC Board. The Group has also submitted a proposal to present at the Fall Meeting about the proliferation of QR code technology.

Download the Charter

Real-Time Recurring Work Group


Work Group Chair: Josh Karoly

Work Group Vice Chair: Hope Hacker

June Update: The Group is currently framing out ideas for new deliverables now that its Beneficial Characteristics of Real-Time Recurring Payments white paper has been published. Potential topics discussed include implementation guidance, irrevocability for real-time recurring payments, evaluation of implemented use cases and characteristics outside the U.S. and use cases specific to recurring or fraud/risk. Group members are evaluating the options and providing feedback.

Download the Charter

Secure Instant & Immediate Payments APIs Work Group


Work Group Chair: Dean Nolan

Work Group Vice Chair: Moa Agrell

June Update: The Group is developing its first deliverable, which will be guidelines on the use of secure APIs for onboarding/ enrollment and initiating instant and immediate payments. The Group’s International research subgroup has been taking inventory of APIs across several countries, looking at APIs for legacy payments, reviewing business processes for APIs, and identifying key stakeholders. The Group has also submitted a proposal to present at the Fall Member Meeting on the topic, “Real-time payments APIs, global market practices, and lessons learned for the U.S.”

Download the Charter

Financial Inclusion Work Group


Work Group Chair: Gail Hillebrand

Work Group Vice Chair: Adam Rust

June Update: The Group has finalized the draft of its first deliverable, a Faster Payments and Financial Inclusion white paper that explores a holistic approach to advance financial inclusion and drive interest in the adoption of faster payments. The Group is targeting late July for publication of the publicly available paper after review and approvoval by the FPC Board. The Group has also submitted a proposal to present at the Fall Member Meeting on the topic, “How We Can Get More Financial Inclusion in Faster Payments.”

Download the Charter

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 eight work groups:

Real-Time Recurring

Promotes the development and adoption of real-time recurring payment solutions for business end users and financial institutions.

Sponsored by:

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 processes more efficient and effective, with an aim towards fostering better user experiences, bolstering confidence and trust in faster payments.

QR Code Interface

Promotes the adoption of faster payments by developing QR guidelines and best practices for use by end users and financial institutions.
Secure Instant & Immediate Payment APIs

Develops guidelines and best practices for the use of secure APIs for enrolling/onboarding users and for the initiation of instant and immediate payments, regardless of the network used.
Cross Border Payments

Gathers information/input on various models and use cases where there is a need or desire by consumers and businesses for real-time payments across borders.
Financial Inclusion 

Provides a blueprint for leveraging faster payments to accelerate access to the financial system for unbanked and underserved Americans.

Sponsored by:

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.