U.S. Faster Payments Council

The FPC has just released the 2024 U.S. Instant Payments Adoption Quantitative Study, a first-of-its-kind survey of U.S.-based third-party enablers to financial institutions. Collectively, respondents to the study serve over 90% of U.S. FIs and provide insights into the projected growth of instant payments adoption over the next five years. Download from the FPC’s Knowledge Center: https://lnkd.in/g-TkDskh #FPC #FasterPaymentsCouncil #FasterPayments #InstantPayments #RealTimePayments

Metal Blockchain Joins U.S. Faster Payments Council to Advance Blockchain-Driven Faster Payments and Stablecoin Innovation “Joining the U.S. Faster Payments Council is a key step in our mission to bring the transformative benefits of blockchain technology to faster payments,” said Donald Berk, COO of Metallicus. “We’re working closely with our banking partners and fintech collaborators to explore innovative solutions, such as stablecoin issuance, that can enhance security, speed, and efficiency across the payment ecosystem.” “We’re thrilled to welcome Metal Blockchain to the U.S. Faster Payments Council,” said Reed Luhtanen, Executive Director of the FPC. “Metal Blockchain brings valuable expertise and innovation to the table, and we’re excited to collaborate with them as we continue shaping the future of faster payments in the United States.” https://lnkd.in/e7uecs5E

It’s that time of year again, where the weather cools, the leaves begin to change color, and…the industry gears up for the FPC’s Fall Member Meeting. This fall, we are excited to welcome everyone to Denver, Colorado, September 30 - October 1, for a meeting packed with the latest developments on faster payments; networking with those who can help shape and progress faster payments’ goals; and some time to unwind and have fun. Read our latest blog to learn what’s in store not only for meeting attendees, but the larger industry as well: https://lnkd.in/gFGx9hCd #FPC2024 #FasterPaymentsCouncil #InstantPayments #RealTimePayments 

Just published! Listen to the latest episode of “Off the Rails from the U.S. Faster Payments Council” podcast, sponsored by Open Payment Network! FPC’s Reed Luhtanen goes off the rails with Yinglian Xie of DataVisor and they discuss all things faster payments fraud in this final episode before the FPC Fall Member Meeting. Download from Apple Podcasts or your favorite platform: https://lnkd.in/gWJrR_7M #OffTheRails #FPC #FasterPaymentsCouncil #FasterPayments #InstantPayments #RealTimePayments

Attending the FPC Fall Member Meeting in Denver next week? Please join us for a fun networking event, generously sponsored by Cross River, at Lucky Strike on Monday night at 6:00-8:00pmMT. We look forward to seeing you there! Not an FPC member yet? Get in on the discussion about the most pressing issues in #FasterPayments and the #FutureOfPayments! Join the FPC today: https://lnkd.in/dWWVuGk #FPC2024 #FasterPaymentsCouncil #InstantPayments #RealTimePayments

U.S. Faster Payments Council Releases Dual Reports on ISO 20022 Implementation and Benefits “The FPC is committed to advancing faster payments across the board, and the insights provided in these reports are crucial for understanding the full potential of ISO 20022," said FPC Executive Director Reed Luhtanen. "By embracing this standard, we’re laying the groundwork for a more efficient and interconnected global payments system.” https://lnkd.in/eMXFsxqy Elizabeth G. Barry Tooker TransactionBanker.com Jonathan Holland Mastercard Angela Hendershott #fintech #finance #banking #paytech #payments #fintechnews #paymentsnews

We’re thrilled to share that the FPC Cross-Border Payments Work Group, sponsored by Mastercard, has just released two complementary reports – How to ISO 20022 and Distinguishing Advantages in the Format & Structure of ISO 20022 for Instant Payment Adoption. Download both reports from the FPC’s Knowledge Center: https://lnkd.in/gYBt_4q #FPC #FasterPaymentsCouncil #FasterPayments #RealTimePayments #InstantPayments #ISO20022 #CrossBorderPayments

Just published! The FPC Operational Considerations Work Group, sponsored by Endava, has released its latest industry resource – Operational Considerations for Receiving Instant Payments guideline. Download from the FPC’s Knowledge Center: https://lnkd.in/gJSbQXK4 #FPC #FasterPaymentsCouncil #FasterPayments #RealTimePayments #InstantPayments

Have you heard? The latest episode of “Off the Rails from the U.S. Faster Payments Council” podcast, sponsored by Open Payment Network, just published! FPC’s Reed Luhtanen goes off the rails with Sarah Hoisington of Matera. Reed and Sarah talk about the ways QR codes can be used to initiate faster payments, the fraud prevention protocols that can be put in place to reduce fraud, and sourdough bread. Download from Apple Podcasts or your favorite platform: https://lnkd.in/gGbzGwb9 #OffTheRails #FPC #FasterPaymentsCouncil #FasterPayments #InstantPayments #QRCodes

A HUGE thank you to the sponsors of our upcoming FPC Fall Member Meeting on Sept. 30-Oct. 1 in Denver! We’re truly grateful for the support of ACI Worldwide, Alloya Corporate FCU, BNY, Cross River, Endava, Euronet, Finzly, Form3, Mastercard, Mitek Systems, Verafin, NEACH - New England Automated Clearing House Association, North American Banking Company, Orum.io, SHAZAM Network - ITS, Inc., Sphere Labs, SRM, The Clearing House, and Trustly in helping make this a great event! Get in on the discussion about the most pressing issues in faster payments and the future of payments! Join the FPC today: https://lnkd.in/dWWVuGk #FPC2024 #FasterPaymentsCouncil #FasterPayments #InstantPayments #RealTimePayments