Faster Payments Council

MARCH 15, 2023

With the system joining the existing RTP system, both promising to modernize the way money moves and allow for greater use of instant payments, it seems the shift to real-time payments is 'inevitable'. Instant Payments can become the 'new normal' in the US, but only if we learn from the rest of the world's success.

FPC 88

FPC ISO 20022 Cross-Border Payments Federal Reserve 88

Faster Payments Council

SEPTEMBER 12, 2022

How can we look to this rapidly growing business for new use cases for instant payments? The issuance and use of a CBDC for cross-border payments could potentially help simplify intermediation chains, increase speed and lower costs. RTP) looks like right now, best practices in implementation, and lessons from the market.

FPC 88

FPC Federal Reserve Cross-Border Payments Faster Payments 88

Fintech News

DECEMBER 10, 2023

Combatting fraud As the world becomes more interconnected and instant payments gain prominence, the threat of fraud also rises. Push payment fraud, where funds are transferred to fraudulent accounts, is a significant concern. The immediacy of instant payments demands precision and validation.

Addressing 117

Addressing Fraud Prevention Financial Inclusion Payments 117

Fintech News

APRIL 1, 2025

Leading digital banks also offer innovative features, including AI-driven financial planning, blockchain technology, and instant payments. Premier user experience is another defining factor, with intuitive mobile apps, seamless transactions, and responsive customer support setting the best apart.

Online and Mobile Banking 124

Online and Mobile Banking Multi-Currency Authorization Regulations 124