progress

E-invoice Exchange Market Pilot Begins Onboarding Participants in Waves
Payments Efficiency

The E-invoice Exchange Market Pilot has reached a major achievement – the first of three onboarding waves – where participants have started exchanging electronic invoices using the framework. This is a major milestone as it progresses the industry toward electronic business-to-business payments and straight-through processing.

Announcements, Faster Payments, Payments Efficiency, Payments Security

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 …