Year in Review: Momentum Toward B2B Payments Modernization
Over the year, the Federal Reserve has continued to collaborate with the industry to advance understanding on the importance of B2B payments modernization. This collaboration has taken different forms, resulting in progress among industry work groups, market pilot activities and strong enthusiasm for efforts to advance modernization.
FSB Proposes Targets for Addressing Four Key Challenges of Cross-Border Payments
In its most recent report, the Financial Stability Board (FSB) released quantitative targets to establish collective goals across the industry aimed at improving the cost, speed, accessibility and transparency of cross-border payments.
Jayna Bundy: Banding Together to Modernize B2B Payments
As a leader in Global Treasury and Financial Services at Microsoft, Jayna Bundy has observed how industry-wide inefficiencies can complicate the delivery of payments solutions in the business-to-business environment.
Become a FedPayments Improvement Community Member!
Our diverse Community is working together to improve the U.S. payment system. As a member, you’ll receive exclusive communications, event invites, engagement opportunities with Federal Reserve and industry leaders, and opportunities to provide feedback on payments improvement initiatives. Become a member today and connect with our Community of more than 10,000 members across the United States!
Attend Our Events and Speaking Engagements
The Federal Reserve regularly hosts live and virtual events to discuss payment system improvements with diverse stakeholders from across the country. From webinars to roundtables to speaking engagements, our collaborative approach is key to implementing lasting strategic improvements to the U.S. payment system. Find out more about upcoming Fed events and how you can register.
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Learn More About the Federal Reserve’s Strategies for Improving the U.S. Payment System
Check out these resources to learn more about the Federal Reserve’s payments improvement journey.
Strategies for Improving the U.S. Payment System
Strategies for Improving the U.S. Payment System: Federal Reserve Next Steps in the Payments Improvement Journey
Payment System Improvement – Public Consultation Paper