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Icon Solutions announced as a founding member of the U.S. Faster Payments Council (FPC)

21/11/2018

Icon Solutions announced this week that it is a founding member of a newly launched organisation, the U.S. Faster Payments Council (FPC). The purpose of the FPC is to work towards the goal of a ubiquitous, world-class payment system that allows Americans to safely and securely pay anyone, anywhere, at any time and with near-immediate funds availability.

Icon joined the FPC as a reflection of their commitment to the advancement of faster payments globally and in particular, to the US market.

The FPC will focus on private-sector approaches to solving problems and addressing issues that inhibit the adoption of faster payments. Its specific priorities over the next two years will include: enhancing the safety and security for service providers and users of faster payments, identifying and developing best practices and developing an educational programme to foster better understanding of the service.

Icon will work alongside 19 other FPC founding members, such as American Bankers Association, Bankers’ Bank, JP Morgan and Mastercard, to lead establishment activities for the organisation.
Gene Neyer, Icon Executive Advisor, Payments, said:

“Icon Solutions is proud to join other payment industry leaders in the creation of the U.S. Faster Payments Council. Icon’s heritage of modernisation and simplification aligns perfectly with the mission of the FPC to accelerate and streamline the payments experience in the U.S. Icon fully supports the idea of an improved faster payments experience for all and we are looking forward to working as part of the FPC to reach that goal.”

Author: Kate Nelson