Payment System Improvement – Public Consultation Paper

On September 10, 2013, the Federal Reserve Banks released the “Payment System Improvement – Public Consultation Paper.” (09/10/13, PDF) The paper shares Federal Reserve perspectives on the key gaps and opportunities in the current U.S. payment system and identifies the desired outcomes that close these gaps and capture these opportunities.

We greatly appreciate the wealth of industry input on this paper. You can view all of the nearly 200 written responses we received below as well as a summary (PDF) of this feedback. The input of payment system providers and end users will help the Reserve Banks as we move to define and prioritize U.S. payment system improvement initiatives that advance the speed, efficiency and security of payments.

User Submissions

Contact NameOrganization NameDate
Vasu Vadlamudi10/08/2013
Robin PrattAlcoa Tenn FCU 09/19/2013
George RudolphAlliant Credit Union 10/04/2013
Justin Heide Cargill 09/30/2013
Neal GafterCryptofrog LLC 09/10/2013
Eugenie FosterEugenie Foster LLC 09/30/2013
Ashish ShrivastavaGlobal Fund09/12/2013
Geri HaywardInfoSight Inc 09/27/2013
Ravi LokreInfosys Technologies 09/12/2013
Cindy HindMidWest Quality Gloves, Inc. 10/01/2013
Pat RobertsMinnesota Rubber & Plastics 09/24/2013
Jeff PlaggeNorthwest Financial Corp 09/11/2013
Michael BusherNX Systems Inc 10/01/2013
Georgia Ackerman, AAPOUR Credit Union 09/17/2013
David MaddenStone Coast Fund Services10/10/2013
Gregory BerkholtzTOCICI LLC 09/10/2013
Kurt AlbrightUline Shipping Supplies 09/24/2013
Rudet FountainUnited Tranzactions 10/07/2013
Phil RappaportRipple Labs10/29/2013
Vicki EnglertSpring Valley Bank and Trust10/17/2013
Rob HullarRosetta Technologies10/21/2013
Thomas Omaraindividual10/28/2013
Brenda SpezzeHigh County Bank10/16/2013
Brian J. DoyleYodo10/16/2013
Bruce Summersindividual10/24/2013
Ed OppenheimerThought Matrix Consulting10/17/2013
Harriet LansingUniform Law Commission11/05/2013
Lynn KincaidHEB Federal Credit Union10/24/2013
Bryan GreenbaumReading Cooperative Bank10/24/2013
Jeff FooteBroadway National Bank10/24/2013
Tom HeinzmannCompuPay Inc dba Benefit Mall11/13/2013
Barry LandryC and A Associates Inc11/06/2013
Bobi Shields FarrellyUnited Nations FCU11/04/2013
Chris BaldwinMutual of Omaha Bank10/25/2013
David A ZahllerTubular Steel Credit 11/07/2013
David CharlotFidelis Corporate Finance10/30/2013
David GustinGbi10/28/2013
Denise BoockVision Ease Lens10/29/2013
Denise GloverAutomationdirectcom10/29/2013
Donald R HollisWaysau Financial10/31/2013
Fran HoriPackaging Corp11/08/2013
Jerry RauUltimate Gaming10/30/2013
Justin EcclestonMatheson Try Gas10/28/2013
Margaret ThompsonSamuel Son and Co Inc10/28/2013
Michael Frankindividual10/31/2013
Noel Wise Talkowski Border States Industries10/29/2013
Paul GiowackiWater Products Company11/08/2013
Robert SmytheIDC10/27/2013
Steve VeachHuntington10/28/2013
Aaron GreenspanThink Computer Corporation10/24/2013
Roger ApplewhiteMagTek11/08/2013
Holly PingatoreThe State Bank Fenton MI11/15/2013
Mike DillonSouth Division Credit Union11/18/2013
Steve WhitneyNorway Savings Bank11/27/2013
Sharon PresnallIowa Bankers Association12/03/2013
Alaina GimbertThe Clearing House12/03/2013
Bonnie BonavitoTry It Distributing11/22/2013
David FroudCore Concept Security Ltd11/20/2013
John McAndrewsSouthern Star Concrete11/20/2013
Karen WisemanFirst American Payment Systems11/20/2013
Martin ReganMerchants and Marine Bank11/18/2013
Ross McKayTDBank12/09/2013
Gene NeyerFundtech12/10/2013
Cathryn Santoroindividual12/10/2013
Tom McColeindividual12/11/2013
Teresa FreebornExceedFCU12/10/2013
Ann-Marie BartelsEPCOR12/06/2013
J Steven StoneUnited Bankshares12/06/2013
Cheryl CollierSEFCU12/10/2013
Lawrence BuettnerWausau Financial Systems12/11/2013
John W KingUS Bank12/11/2013
Manu SpornyWorld Wide Web Consortium12/11/2013
Edward V SzoferInternational CyberBanque Ltd12/12/2013
Ed ScheidtTecsec Inc12/12/2013
Steve MuellerCommerce Bank12/12/2013
Martine BrachetFrench Banking Federation12/12/2013
Peter GordonFIS12/12/2013
James A ReuterTenth District Payments Advisory Council12/13/2013
Alun ThomasKalypton Limited12/13/2013
Mark Budnitzindividual12/13/2013
Bill SullivanNACHA12/12/2013
Paul TrozzoPNC Bank12/13/2013
Scott VolmarInterComputer12/12/2013
Sarah Jane Hughesindividual12/12/2013
Matthew WilcoxFiserv12/13/2013
Lanny ByersCHyp USA12/13/2013
Thomas F WenningNational Grocers Association12/13/2013
Stephen KenneallyABA12/13/2013
Angela MeysterNAFCU12/13/2013
Andres NavarreteCapital One12/13/2013
Nasreen QuibriaCGI12/13/2013
Cynthia FullerASCX912/13/2013
Shirlron WilliamsNational Consumer Law Center et al12/13/2013
William SchochWesPay12/13/2013
J Michael SchlotmanKroger12/13/2013
Roy DeCiccoJPMorgan Chase12/13/2013
Dan M FisherThe Copper River Group12/13/2013
Ivan SchneiderIvantohelpyou.com12/13/2013
Erik R LiebermanFood Marketing Institute12/13/2013
Walt HendersonUS Treasury Bureau of Fiscal Service12/13/2013
David SilbermanCFPB12/13/2013
Nick SenechalVocalink12/12/2013
Gus Fuldnerindividual12/13/2013
Debbie BianucciBAI12/13/2013
Jane WatkinsCUNA12/13/2013
Isabel SchmidtDeutsche Bank12/13/2013
Gray TaylorPCATS12/13/2013
Michael KennedyClearXchange12/13/2013
Brian RussellGiesecke and Drevient12/13/2013
Paul TomasofskyTwo Sparrows Consulting12/13/2013
Michael A CookWalMart12/13/2013
Leland ChanCalifornia Bankers Association12/13/2013
Julie B RottenbergVisa12/13/2013
Don JonesSunCorp12/13/2013
Adrienne BiddingsGoogle12/13/2013
Paige AndersonNational Association of Convenience Stores12/13/2013
Breffni McGuireNEACH12/13/2013
Cornelius HurleyBoston University Center for Finance Law and Policy12/13/2013
David WalkerECCHO12/13/2013
Selina M GambrellGeorgia Credit Union Affiliates12/13/2013
Mallory B DuncanNational Retail Federation12/13/2013
Dennis SimmonsSWACHA12/13/2013
Wanda ChambersSuncoast Schools Federal Credit Union12/13/2013
Randi D AdelsteinMasterCard International12/13/2013
Mary Weaver BennettElectronic Transactions Association12/13/2013
Mark HorwedelMerchant Advisory Group12/13/2013
Sandra HornACI Worldwide12/13/2013
Dee O'MalleyBest Buy12/13/2013
Diana R DykstraCA and NV Credit Union League12/13/2013
Liz GarnerNational Restaurant Association12/13/2013
Todd AndersonRetail Industry Leaders Association12/13/2013
Cutler DawsonNFCU12/13/2013
Rene PelegeroRetail Payments Global Consulting Group12/13/2013
John WeeksWebster Bank12/13/2013
Stacy RosenthalSWIFT12/13/2013
Deanna MarcroftSierra Select12/12/2013
Karla FriedeNVoicePay12/12/2013
Ken ZanoliniBMC12/12/2013
Ian SchweidSeacoast National Bank12/12/2013
Betty A WhitlockBank of Floyd12/12/2013
Aisha KhawaiaGTE Financial12/11/2013
Gus PenedoRBS Citizens NA12/10/2013
Joe HerslipBank of North Dakota12/11/2013
Woody ShulerSRP Federal Credit Union12/11/2013
Bob GeradsCentral Minnesota CU12/09/2013
Dani LaneATL Federal Credit Union12/10/2013
Jane LathropUmpqua Bank12/09/2013
Steve MullensFNB Central Texas12/09/2013
Chris CoughlinSociete Generale12/06/2013
JanetRiver Valley CU12/06/2013
Sara KoopVantage Credit Union12/06/2013
Jackie HeniserMSU Federal Credit Union12/06/2013
Mia PoulsenUnited Bankers Bank12/04/2013
Tim RadwayW Capra Consulting Group12/13/2013
Jochen MetzgerDeutsche Bundesbank Eurosystem12/17/2013
Gary BreuemmerMissouri Electric Cooperatives Employees Credit Union12/13/2013
Fred Laing IIUMACHA12/13/2013
Lacey PotterWhidbey Island Bank12/13/2013
Marcus HagegardLoomis12/13/2013
Brian ShnidermanDeloitte Consulting LLP12/13/2013
German MeridaBAC Florida Bank12/13/2013
Lorenzo GastonSmart Payments Association12/13/2013
Elena WhislerClear2Pay Americas12/13/2013
Brandy WheelerFirst National Bankers Bank12/13/2013
Vivek KoulTata Consultancy12/19/2013
Liz OakesKPMG12/13/2013
Doris WangWells Fargo12/18/2013
Angela HendershottDeluxe Corporation12/10/2013
Edmund EschBank of New York Mellon12/13/2013
Bob HaysBBVA Compass12/13/2013
Taiji KanedaUMB12/19/2013
Nick AndersonTrustmark12/13/2013
Lyle EliasATMIA Integrated Payments Alliance12/13/2013
Kimberly FordFirst Data12/13/2013
Christopher DanversAmerican Airlines Credit Union12/13/2013
Jeanette BlancoPayPal12/20/2013
Tomas NoyesStarpoint LLP12/02/2013
Greg KiddRipple Labs12/08/2013
Stewart TerbushLove's Travel Stops Country Stores Inc.12/11/2013
James Metheindividual12/13/2013
Paul SmocerBITS12/23/2013
Melanie RennerEFTA12/20/2013
Don CohenourMissouri Credit Union Association12/06/2013
Steve MottBetterBuyDesign12/17/2103
Richard O'BrienPayment Pathways12/13/2013
Cary WhaleyICBA01/07/2014
Magnus CarlssonAssociation for Financial Professionals01/03/2014
John RyanConference of State Bank Supervisors01/28/2014
Larry AubolTASCET10/11/2013