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. These are hard things to do, but I’m very hopeful and optimistic, really.”.

Federal Reserve 64

Federal Reserve Innovation Secure Payments Task Force Faster Payments 64

PYMNTS

SEPTEMBER 7, 2017

This year is a critical one for this initiative, the Fed said, with the Fed’s Faster Payments Task Force having already issued the results of its assessment and recommendations for continued progress. In this regard, the Fed stands largely as a supporter and said it will explore its need, if any, to serve as a service provider.

Fed 49

Fed Federal Reserve Cross-Border Payments Cross-Border 49

PYMNTS

JULY 10, 2017

To protect such vast sums of money, the Faster Payments Task Force report indicated it had reviewed 22 faster payment solution proposals so far, and had analyzed some of the potential hurdles that could impede successful faster payment solutions. payment system’s speed, efficiency and security.

Faster Payments 40

Faster Payments Federal Reserve Payments NACHA 40