Remove FPC Remove Interoperability Remove Real Time Gross Settlement (RTGS)
article thumbnail

Faster Payments Interoperability

Faster Payments Council

Developed by the FPC Network Committee, this white paper explores different models that can connect systems together to achieve payments interoperability such as point of origination, network to network, or with an intermediary, and how settlement could work in those models. View the Document

article thumbnail

U.S. Faster Payments Council Publishes Interoperability White Paper

Faster Payments Council

Faster Payments Council (FPC), a membership organization devoted to advancing faster payments in the United States, today released a new Faster Payments Interoperability white paper developed by the FPC Network Committee. June 4, 2020 – The U.S. Our Network Committee includes experts from U.S.

article thumbnail

Third Parties Help Central Banks Ride RTP Rails

PYMNTS

The industry’s issues include insufficient interoperability between schemes, as well as confusion and cost hurdles faced by financial institutions (FIs). Faster Payments Council (FPC), which will work toward a ubiquitous and secure faster payments system, offering 24/7 availability. Meanwhile, other players in the U.S.