Remove Check Clearing Remove Fed Remove Governance
article thumbnail

What’s Fast And Slow And Read All Over?

PYMNTS

government to share his ideas. This innovator secretly hoped the government would be so enamored with his innovation and its potential to transform commerce (and any number of other uses cases) that they’d want to own and operate it. government took a pass. system of faster payments be market-driven and governed by the industry.

Fed 47
article thumbnail

The Fastest Path To Faster Payments In The US

PYMNTS

But, don’t look for the recommendation to kill checks to emerge from the report that the 500+ person Fed Task Force that’s examining the path forward for the U.S. As for Bryan, he could care less since he just wants to know that he has access to the amount of the check when he needs to use the money. checks are rarely used, too.