Spring conference season is gearing up and we’re ready to hit the road and engage with the industry. Four leaf clovers and pots of gold may be tough to find, but FedPayments Improvement is anything but that, so put away your lucky charm, because you won’t need it to find …
This month we’ll be hosting a webinar series that will go into further detail on the 2016 accomplishments and 2017 plans discussed in our recently released Strategies for Improving the U.S. Payment System – January 2017 Progress Report (Off-site). Specifically, the webinars will focus on the work-to-date of both the …
As we enter into 2017, it’s hard to believe that it has only been two years since we published Strategies for Improving the U.S. Payment System (PDF), our multi-year plan that focuses on end-to-end improvement of the speed, efficiency and security of our country’s payment system. To commemorate another year …
From 2012 to 2015, credit and debit (including prepaid and non-prepaid) card payments continued to gain ground in the payments landscape, accounting for more than two-thirds of all core noncash payments in the United States, according to a Federal Reserve study of U.S. non-cash payments released December 22, 2016. Automated Clearing …
In light of ongoing developments to improve the U.S. payment system, including the Federal Reserve’s Strategies for Improving the U.S. Payment System (PDF) efforts, the Federal Reserve Board anticipates additional interest by industry participants in establishing joint accounts. Joint accounts are intended to facilitate settlement between depository institutions participating in …
The Secure Payments Task Force, conceived in Strategies for Improving the U.S. Payment System (PDF), has been advancing efforts to support the strategy of reducing payment fraud and advancing the safety, security and resiliency of the payment system. Earlier this year, they launched work groups focusing on the following payments …
It has now been five years since the Remittance Coalition was formed and since its founding, the Coalition has experienced tremendous growth and evolution (and they’re not done yet!). As part of its anniversary, the Remittance Coalition will henceforth be known as the Business Payments Coalition. Along with its new …
Explore the possibility by reading the U.S. Adoption of Electronic Invoicing: Challenges and Opportunities (PDF) paper release by the Payment, Standards and Outreach Group of the Federal Reserve Bank of Minneapolis. In keeping with the desired outcome of end-to-end efficiency detailed in the Strategies for Improving the U.S. Payment System …
In April 2015, the Remittance Coalition released the Small Business Payments Toolkit (PDF) and now, we are pleased to announce the release of the second volume. Volume 2 (PDF) is chock-full of new information to further encourage the adoption of electronic business-to-business payments and remittance information exchanges by small businesses. Financial institutions, …
Would you like to see more efficient business-to-business (B2B) payments in the U.S.? Widespread use of electronic remittance data exchanges? Reduced barriers to electronic payments? If you answered yes to any of these questions, then you might be interested in joining the Remittance Coalition. The Remittance Coalition is a group …