Monday, August 07, 2017
As a member of the Faster Payments Task Force, an initiative of the Federal Reserve, I am pleased with the newly released report findings and the push to achieve the Federal Reserve’s Faster Payments call to action in just twenty-nine months from now; a payment system that is faster, ubiquitous, more inclusive, highly secure, and more efficient.
Friday, July 28, 2017
Payments and Industry Trends, Immediate Payments
The pace of payments has risen sharply in the U.S. since the introduction of same-day ACH in September 2016. Following the global movement towards immediate payments, the pace is set to pick up as real-time speed arrives through schemes such as The Clearing House (TCH) Real-time Payments System and Zelle networks.