PYMNTS

DECEMBER 7, 2016

Same Day ACH, the faster payments initiative for banks and other financial institutions in the United States, seems to be popular. still has a long way to go and plenty of faster payment lessons to learn. still has a long way to go and plenty of faster payment lessons to learn. But the U.S. But the U.S.

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Faster Payments NACHA Secure Payments Task Force Same Day ACH 76

Payments Source

DECEMBER 8, 2017

Kenneth Montgomery will chair the Secure Payments Task Force, which is comprised of more than 200 industry stakeholders who are working on a faster payment system in the U.S.

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Federal Reserve Secure Payments Task Force Security Faster Payments 61

PYMNTS

DECEMBER 11, 2017

He will lead the Fed’s initiative to address payments fraud risk and boost the security of payments in the U.S. The position means Montgomery will chair the Secure Payments Task Force, one of several task forces the Fed has formed to promote innovation and advancement in the industry.

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Secure Payments Task Force Fed Payment Security Federal Reserve 45

PYMNTS

NOVEMBER 7, 2016

Federal Reserve is turning heads for its attention to faster payments, but the Fed has recently announced yet another initiative in the payments innovation space. Last week, the Fed’s Secure Payments Task Force called for comment from industry stakeholders about what challenges they face when it comes to payments security.

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Fed Secure Payments Task Force Security Federal Reserve 77

PYMNTS

AUGUST 31, 2017

With the financial services space shifting from a competitive nature to a collaborative spirit between traditional banks and emerging FinTechs, one major stakeholder in the payments industry has quietly been an integral part of this co-op: the Federal Reserve. payments system via faster payments.

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Federal Reserve Innovation Secure Payments Task Force Faster Payments 64

PYMNTS

MARCH 16, 2018

Through the collaborative efforts of those with backgrounds in payments and security, the Federal Reserve’s Secure Payments Task Force has published “Payment Lifecycles and Security Profiles.”

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FedPayments Improvement Secure Payments Task Force Federal Reserve Security 40

PYMNTS

SEPTEMBER 7, 2017

“Through the strategies and tactics outlined in this next steps plan, the Federal Reserve will support continued industry momentum toward safe, ubiquitous, faster payments for our country.”. According to the Fed, payments must not only be faster, they must also be safe and ubiquitous.

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Fed Federal Reserve Cross-Border Payments Cross-Border 49