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Systems

Pandemic Gives U.S. Faster Payments Council Role of Easing Digital Transitions

“Whether deserved or not, the payments industry has had a hard time shaking its decades-long stigma that any type of forward step will be long and drawn out. But contrary to that trend, the U.S. Faster Payments Council — created through a recommendation from the Faster Payments Task Force — has proved to be effective in its mission of promoting faster payments and pushing the industry through potential roadblocks with information and data for merchants, corporations and banks to better understand how systems work and what they offer.”