Catalyst Corner

Celebrating Five Years of Progress on the Path to Payments Improvement
Around the Fed, Catalyst Corner

This January marked the five year anniversary of the release of the Strategies for Improving the U.S. Payment System (PDF) paper. Developed in consultation with industry stakeholders, the paper established our collaborative initiative to improve the payment system and has underpinned many of the Federal Reserve’s efforts to date.

Payments Trends and Takeaways from Money20/20
Catalyst Corner, Event Summaries, Faster Payments, Payments Security

By Tim Boike, Vice President, Industry Relations Four short days. More than 11,000 attendees, 3,500 organizations and 500+ speakers from the payments, fintech and financial services sectors. Plus, a Federal Reserve exhibit booth in the middle of it all. Yes – it’s the Money20/20 USA conference (Off-site) – a major …

Q&A With Ken Montgomery, Our New FedNowSM Service Program Executive
Catalyst Corner, Faster Payments

As announced in August, the Federal Reserve is developing a new, round-the-clock real-time payment and settlement service to support faster payments in the United States. Leading this important initiative is Federal Reserve veteran Ken Montgomery. Two weeks into his new job, Ken shares his thoughts about the path ahead. Why …