In November, the Federal Reserve announced the launch of a new membership organization, the U.S. Faster Payments Council (FPC) (Off-site), whose mission is to ensure all Americans can safely and securely pay anyone, anywhere, at any time and with near-immediate funds availability.
To learn more about this widely anticipated organization, join FPC founders for an informative webinar:
What: The New U.S. Faster Payments Council – Your Questions Answered!
When: December 5, 11:00 a.m. – Noon CT … or… December 13, 9:00 – 10:00 a.m. CT
Who: All are welcome
In its July 2017 final report, the Faster Payments Task Force called upon all stakeholders to realize the vision for a payment system in the United States that is faster, ubiquitous, broadly inclusive, safe, highly secure and efficient by 2020. The task force recommended ongoing collaboration to create a faster payments governance framework, inclusive of all stakeholders, to facilitate ubiquity of faster payments.
The Governance Framework Formation Team (GFFT), a short-term work group of 27 industry participants, was appointed by the task force to fulfill its vision. Their work on a governance framework is now captured in the mission, values and structure of the new U.S. Faster Payments Council.