US: Federal Reserve Task Force Consults on Operating Vision for U.S. Faster Payments Council

On April 24, 2018, the Federal Reserve System’s Faster Payments Task Force released a draft on the operating vision for the U.S. Faster Payments Council (FPC). The organization aims to implement a "ubiquitous, world-class payment system" in 2020, available all days of the year, with immediately available funds.

The FPC aims to:

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