FASTER PAYMENTS COUNCIL

What is the state of faster payments in the U.S.?
What are our challenges? Opportunities?
Here’s what you and your industry peers had to say….

U.S. Faster Payments Barometer -- Survey Results

Glenbrook and the U.S. Faster Payments Council (FPC) are pleased to present results from year one of the U.S. Faster Payments Barometer. In the inaugural survey, over 700 industry professionals with broad representation from across the ecosystem responded.

Results revealed how respondents are using faster payments today, the challenges facing their organizations, and what the industry needs to do to create a robust and ubiquitous environment that will foster adoption.

Results highlighted that there is a diverse view of attributes that define faster payments – so what does that mean for the U.S. as compared to faster payments systems around the world?

One of the most encouraging findings was the resounding agreement for interoperability across systems and the desire for greater industry collaboration.

So lots of work to do – 60% of respondents state that we are not making enough progress – read on…

Interested in Joining the Faster Payments Council?

The U.S. Faster Payments Council (FPC) is a membership organization established so Americans can safely and securely pay anyone, anywhere, at any time and with near-immediate funds availability. FPC members use private-sector approaches to address issues that inhibit adoption of faster payments and enable end users to reach each other in ways as seamless and transparent to them as mobile texting.

The FPC provides members with a unique opportunity to influence the future of faster payments through inclusive dialogue and collaborative problem solving, and gives members an edge in navigating the evolving faster payments landscape:

  • Focus on the larger goals of safety, security, and adoption of all faster payments
  • Opportunities to broaden their reach and leverage investments across a much broader base of transactions
  • Safe forums for dialogue governed by strong antitrust guard rails

For more information on joining the FPC, please visit the FPC membership page.