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Feds Announce Faster, Secure Payments Task Forces Steering Committees
Wednesday, July 22, 2015 6:40 AM

The Federal Reserve on Tuesday announced the members of the steering committees of both the Faster Payments Task Force and Secure Payments Task Force described in the Strategies for Improving the U.S. Payment System paper released in January 2015. Representatives were elected by the membership to represent stakeholder categories within each task force. Two appointments were made by the Federal Reserve task force chair to ensure that stakeholder perspectives were sufficiently represented.

The steering committees will advise the Federal Reserve task force chair on meeting agendas and assist in prioritizing the various task force activities. The committees will also assist in establishing and recommending the scope of work groups, synthesizing task force perspectives and determining items in need of task force deliberation.

The membership of the steering committees may be found here. Only one credit union leader will serve; Wanda Chambers from Suncoast Credit Union will serve on the Faster Payments Task Force Steering Committee.

Additional information about the task forces, including charters, participation agreements and registration forms, can be found on the Get Involved page at FedPaymentsImprovement.org.