Announcements, Around the Fed, Faster Payments, Payments Efficiency, Payments Security

Federal Reserve Next Steps in the Payments Improvement Journey is available

The Federal Reserve System is pleased to release Strategies for Improving the U.S. Payment System: Federal Reserve Next Steps in the Payments Improvement Journey (Next Steps), which outlines a series of refreshed strategies and nine new tactics the Federal Reserve will employ, in collaboration with industry, to further progress toward an improved U.S. payment system. Read it now (PDF).

Get the details in the paper today and mark your calendar to join Kansas City Fed President Esther George and Federal Reserve Board Governor Jay Powell on Thursday, September 21, for a webcast at 11:00 a.m. ET. They will share views on the Federal Reserve’s plans for near-term collaboration with payments stakeholders to move closer to achieving the desired outcomes articulated in the Strategies paper. Participate in the webcast by submitting a question for President George or Governor Powell.

We welcome your comments and questions about the paper. Which of these refreshed strategies is most important to you? What challenges does the industry face in achieving the desired outcomes? Check out the press release for more information or read the paper (PDF) and start the conversation here in the comments section.