MEDIUMVulnerability
Global
US Faster Payments Council and ASC X9 form standards steering committee
·Source: Finextra
Updated:
Executive Summary
The U.S. Faster Payments Council (FPC), a membership organization devoted to advancing safe, easy-to-use faster payments in the United States, and the Accredited Standards Committee X9 Inc. (X9), the organization accredited by ANSI to develop financial industry standards for the United States, today announced the formation of the FPC–ASC X9 Joint Standards Steering Committee (JSSC), a collaborativ
Analysis
The U.S. Faster Payments Council (FPC), a membership organization devoted to advancing safe, easy-to-use faster payments in the United States, and the Accredited Standards Committee X9 Inc. (X9), the organization accredited by ANSI to develop financial industry standards for the United States, today announced the formation of the FPC–ASC X9 Joint Standards Steering Committee (JSSC), a collaborative body established to accelerate the adoption of faster payments by addressing standards-related barriers across the payments ecosystem.