The faster payments get, the less tolerable waiting becomes for customers, businesses and other financial players. But in late July, one of the biggest waits in the payments industry came to an end. The August Faster Payments Tracker™, powered by NACHA, highlights notable news and developments...
Get ready. When the Fed’s Faster Payments Task Force issues its mammoth recommendation for strengthening the U.S. payment system later this month, it’s unlikely a federal mandate will make the cut. That’s Roy DeCicco’s take, at least. For July’s Faster Payments Tracker™, DeCicco, who’s managing...
Big changes are coming to the faster payments landscape. But don’t worry about blinking and missing them, because these changes are going to stick around for a while and have the potential to make a long-lasting impact on how money is exchanged. The July PYMNTS.com Faster...
When regulators talk, the payments ecosystem listens. PYMNTS caught up with Kathleen Oldenborg, the OCC’s Director for Payment Systems Policy, to get her take on what a digital framework capable of securely supporting an ecosystem of real-time payments must look like from her perch. That...
July 10, 2017
Get ready. When the Fed’s Faster Payments Task Force issues its mammoth recommendation for strengthening the U.S. payment system later this month, it’s unlikely a federal mandate will make the cut. That’s Roy DeCicco’s take, at least. For July’s Faster Payments Tracker™, DeCicco, who’s managing director at JPMorgan Chase and sits on the task force board, tells PYMNTS what makes the U.S. market ‘unique’ and, as such, ill-suited for a mandate. Plus, the latest news on Same Day ACH, Zelle, Venmo and more.
July 07, 2017
Big changes are coming to the faster payments landscape. But don’t worry about blinking and missing them, because these changes are going to stick around for a while and have...
May 10, 2016
Dwolla, a FinTech startup, has put in its faster payments proposal to the Federal Reserve-chartered Faster Payment Task Force, joining the more than 20 responses that have been submitted. This initiative, being led by the Fed’s task force, is being done in an effort to overhaul the U.S. payments system in order to make payments […]
September 28, 2015
ACI Worldwide announced today (Sept. 28) it has expanded its global role in driving faster payments initiatives across Europe and the U.S. This includes expanding its involvement in several boards and...
July 23, 2015
NACHA CEO Jan Estep has been selected as a member of a steering committee designated to help advise the Federal Reserve’s Faster Payments Task Force. Estep’s selection is a natural fit for...
