The Federal Reserve on Friday released a report that calls for all American consumers and businesses to have, by 2020, the ability to receive faster payments. The Task Force announced that they issued 10 recommendations on areas related to governance and regulation, infrastructure, and sustainability and evolution. The final report, “The U.S. Path to Faster Payments, Final Report Part Two: A Call to Action” is available on FedPaymentsImprovement.org.
Mary Gilmeister, President and CEO of WACHA and PAR, participated in the task group. If you have any questions please feel free to call.
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