Federal Reserve Payments Improvement Update

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Presentation transcript:

Federal Reserve Payments Improvement Update Terri Bradford Payments System Research Specialist

Payments Ecosystem in the U.S.

Alternative/Emerging Payments

Mobile Payments Continue to Evolve MST Code-based NFC

Bank and Network P2p Payments

Real-time Payments–A Global Trend*

Strategies for the U.S. Payment System Focuses on Speed, Efficiency, and Safety from End-to-End

Faster Payment: Definition

Faster Payment Task Force Effectiveness Criteria

Key Milestones

Faster Payments Task Force Recommended Next Steps

Implications and Considerations

Resources

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