Highlights
Money20/20 USA: Four Days and 11,000 Attendees
Each year, the Money20/20 conference offers a valuable opportunity for members of the payments, fintech and financial services ecosystem to convene. Read a summary of the key payments trends and takeaways we observed at this year’s conference sessions and exhibit hall, as well as from the Federal Reserve’s small-group roundtable discussions with conference attendees.
Recently Released: Two e-Invoicing Reports
On Nov. 1, the Business Payments Coalition (BPC) published two of three new electronic invoicing (e-Invoicing) reports. These reports provide background and methodology on why e-Invoicing is a necessary first step to achieving straight-through processing for B2B payment transactions. Learn more at an upcoming webinar on Dec. 5.
Recent Announcements
Comment Period Concludes for the FedNowSM Service Federal Register Notice
On Nov. 7, the comment period closed for the Federal Register notice on features under consideration for the FedNow Service, a new interbank 24x7x365 real-time gross settlement service with integrated clearing functionality to support faster payments in the United States. Visit our Settlement Assessment page and read the submitted comments (Off-site) to learn more.
Community Member Spotlight: Scott McComb
Our newest FedPayments Improvement Community spotlight features community banker Scott McComb. Read about his journey in banking and perspectives on trends in faster payments, including how faster payments are important for the future of community banks. Stay tuned for more spotlight features on members of our diverse and growing FedPayments Improvement Community.
Your Voice Matters – Stay Engaged
Join FedPayments Improvement on Social Media
Stay up to date on the latest news, initiatives and engagement opportunities — connect with us on Twitter (Off-site) and LinkedIn (Off-site)!
Meet with Federal Reserve Experts at Upcoming Industry Events
WesPay Webinar (Off-site) – Dec. 2
UMACHA Security Series Webinar (Off-site) – Dec. 4
Visit our Events page to learn more and reserve time to speak with Federal Reserve experts.
In The News – Top Headlines
Digital Transactions – 11/12
Big Retailers Anticipate FedNow Will Bring Competition to Payments (Off-site)
Mercatus Center, George Washington University – 11/8
FedNow Portends a More Competitive and Resilient Payments System (Off-site)
ETA Transaction Trends Magazine – Fall 2019
U.S. financial institutions and the Federal Reserve are ramping up efforts to provide faster payments solutions (Off-site)
CU Today – 10/29
How Can FIs Better Detect Scams? Fed White Paper Offers Answers (Off-site)
View more articles on our News page.
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