Remove End User Remove Funds Availability Remove Use Case
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Carl Slabicki Named Chairperson of U.S. Faster Payments Council Board of Directors

Fintech Finance

. “I have great confidence in Carl’s ability to lead the FPC into the future to achieve our vision of a seamless payments system, where anyone can pay anyone else anytime with immediate funds availability.

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U.S. Faster Payments Council Launches New Work Groups Focused on Financial Inclusion and Real-Time Recurring Payments

Faster Payments Council

The Real-Time Recurring Work Group will promote the development and adoption of real-time recurring payment solutions to be used by business end users and financial institutions. The list of use cases for real-time recurring payments has grown substantially in recent years. payment system.

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U.S. Faster Payments Council Shares Results from 3rd Annual Faster Payments Barometer

Faster Payments Council

The FPC conducted the latest survey of payments system stakeholders to gauge progress and perceptions around faster payments, trends, use cases, and challenges in the United States. By design, the FPC encourages a diverse range of perspectives and is open to all stakeholders in the U.S. payment system.

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U.S. Faster Payments Council Reveals Results from Inaugural Faster Payments Barometer

Faster Payments Council

The inaugural Faster Payments Barometer was widely circulated and received well over 700 responses from a broad array of payments stakeholder segments including financial institutions, core processors, payment network operators, business end users, acquirers, fintechs, and more. The survey was conducted from Sept. 18 – Oct.

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The Fluid Faster Payments Conversation

PYMNTS

And so is the use case for real-time versus simply faster — particularly because each of the terms has different use cases and different characteristics. 23, 2016, followed by Same Day ACH debits in 2017, and then faster ACH credit funds availability requirements for RDFIs as the third phase. In the U.S.

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Mastercard’s Master Plan: Give Millennials What They Want

PYMNTS

The card network is hoping that’s the case, as it rolls out the first use case stemming from its recently launched global prepaid money management platform. Those physical and virtual prepaid products can be used to pay online and at stores, anywhere Mastercard is accepted.

Visa 53
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Sleepless In Payments

PYMNTS

Because we’ve all seen what happens when we let the shiny new toy syndrome (aka what’s best for the innovator and not the end user) drive innovation. Prepaid is another product category that sounded good to innovators but perhaps less compelling, at least so far, to the intended end user. Take checkout. Here in the U.S.,