About the Community

We believe that payment system improvements should be collectively identified and embraced by a broad array of payment participants. To that end, we continue to engage with thousands of payment stakeholders, from across the payments ecosystem, to improve the end-to-end speed, efficiency and security of payments.

The FedPayments Improvement Community was formally established in early 2015 as a key channel for bringing stakeholders together. Outreach with the Community includes regular email communications, virtual touchpoints – such as webinars, feedback opportunities – and periodic in-person events.

To-date, more than 7,000 industry leaders have become a part of our vibrant Community.

We invite you to join us in this historic movement.

Join the Community

A Diverse Collaboration

Collaboration is the foundation of the Federal Reserve’s efforts to improve the U.S. payment system. Our FedPayments Improvement Community welcomes a diverse range of payments industry stakeholders to ensure all perspectives are considered in the payments evolution process. Our members include:

  • Consumer Interest Groups
  • Financial Institutions
  • Government End Users
  • Industry Trade Associations
  • Merchant and Business End Users
  • Nonbank Payment Service Providers and Networks
  • …and more!

Become a Member!

Discover the value the Community can bring to you and/or your organization, including invitations to Community-only events, feedback opportunities and the latest industry and Fed news. Sign up today!

Segment Name Count %
Business End Users 316 4.5%
Consumer Interest Organizations 26 0.4%
Government End Users 91 1.3%
Large Financial Institutions 505 7.1%
Medium Financial Institutions 776 10.9%
Nonbank Providers 712 10.0%
Other Stakeholders 3,910 55.1%
Small Financial Institutions 761 10.7%
Total 7,097 100.0%