The Federal Reserve held public Town Hall meetings in each of its 12 districts and hosted a webinar to help build an understanding of the Faster Payments Settlement Assessment Federal Register Notice (Notice) with stakeholders all across the nation. Watch the webinar recording below for an overview of the conceptual …
A recent Federal Reserve webinar (Off-site) offered practical advice about how to use online resources to improve payment security – taking another step toward achieving a future of secure, fast and efficient payments that meet the current and future needs of consumers and businesses in the United States. This coalition …
On September 6, 2017, the Federal Reserve issued Strategies for Improving the U.S. Payment System: Federal Reserve Next Steps in the Payments Improvement Journey (PDF). The paper reflects the Federal Reserve’s plans for near-term collaboration with the industry to move closer to achieving the desired outcomes articulated in the Strategies …
In today’s webcast, President George and Governor Powell shared insights on the Federal Reserve’s Next Steps in the Payment Improvement Journey (PDF) and answered questions regarding the Fed’s updated strategies to enhance the speed, safety and efficiency of the payment system from end to end through industry engagement and collaboration. …
The Faster Payments Task Force, a group of more than 300 diverse payments industry stakeholders convened by the Federal Reserve System, has published its highly anticipated recommendations for developing and implementing a safe, ubiquitous, faster payments system in the United States. Leaders from the Faster Payments Task Force announced 10 …
Last week, we celebrated the first anniversary of Strategies for Improving the U.S. Payment System (PDF), a multi-faceted plan to enhance the speed, safety and efficiency of the U.S. payment system. Over the past year, we have seen the strategies and tactics included in the plan come to life through …