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Fed Looks To Keep Momentum Going On Payments Improvements

PYMNTS

Within the text the Fed highlights some of the progress that has been made in each of the categories upon which the Fed is focusing its payments improvement efforts and outlines next steps for industry stakeholders to take in order to continue making progress. Our 2015 paper laid out ambitious goals for the U.S.

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Does The U.S. Faster Payment System Need A Federal Mandate?

PYMNTS

That’s a question the Federal Reserve Faster Payments Task Force is considering as it looks at ways to make U.S. faster payments safer and more efficient. The value of the faster payments market is immense, as outlined by the first of two reports issued by the Task Force earlier this year.