The Federal Reserve, on behalf of the Governance Framework Formation Team, announced the members of the collaborative industry short-term workgroup tasked with developing a governance framework for faster payments in the United States. The 27-member team, originally called the interim collaboration work group, was established...
Earlier this month, NACHA–The Electronic Payments Association sent its Government Relations Advisory Group on its annual pilgrimage to Capitol Hill. The purpose of Capitol Hill Day is to provide updates and continued education to Congressional representatives and staff regarding the ACH Network, payments, and the...
The Clearing House (TCH), the payments firm owned by commercial banks, said that, at the end of last week, it offered up a proposal alongside FIS to the Federal Reserve’s Faster Payments Task Force requesting evaluation of its real-time payments (RTP) system. In a press...
December 05, 2019
The Federal Reserve System has joined the U.S. Faster Payments Council (FPC) as a founding sponsor, the Fed announced in a press release on Thursday (Dec. 5). “Our payment system is a vital part of America’s infrastructure that touches everyone,” said Esther George, president and chief executive officer of the Federal Reserve Bank of Kansas […]
October 13, 2017
The Federal Reserve, on behalf of the Governance Framework Formation Team, announced the members of the collaborative industry short-term workgroup tasked with developing a governance framework for faster payments in...
April 26, 2016
The Clearing House (TCH), the payments firm owned by commercial banks, said that, at the end of last week, it offered up a proposal alongside FIS to the Federal Reserve’s...
