The Federal Reserve and nearly 500 payment system stakeholders have joined forces as part of the Federal Reserve’s Faster and Secure Payments Task Forces to improve the U.S. payment system. These task forces have engaged in considerable industry dialogue that could fundamentally transform how we execute electronic payments. The Faster Payments Task Force will be publishing their final report in 2017 highlighting their assessment of faster payments solution proposals and the challenges and opportunities to make real-time payments a reality in the United States. During this session, you will learn more about what’s to come and how to get involved in the work underway to improve the U.S. payment system.
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Come play Monday Morning Quarterback at 9 AM Friday Morning 10/21 with the big payment announcements of 2015 and 2016. Join an interactive debate on the big announcement of 2015: ChasePay. Did it upend the payments industry? … or will it? Or was it a flash in the pan?... Then turn attention to the big announcement of 2016, “Zelle” – will it or won’t it? What will we say about it in 2017? See you Friday at Packard Place, before you hop on the plane to Money2020!