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U.S. Faster Payments Council Releases Latest State of Play in U.S. Faster Payments Report
The U.S. Faster Payments Council (FPC), a membership organization devoted to advancing safe, easy-to-use faster payments in the United States, today released the 2025 edition of its State of Play in U.S. Faster Payments report. Developed by the FPC Network Committee, the report is now available for download in the FPC’s Faster Payments Knowledge Center.
The new State of Play report provides a comprehensive update on the market for instant and immediate payments services in the United States, with a focus on the various underlying payment networks. The 2025 edition includes detailed profiles of 10 networks and highlights their features, capabilities, and unique characteristics.
“Bringing together a complete view of the U.S. faster payments networks is an important step in supporting adoption and innovation,” said Jim Colassano, SVP, RTP Business Product Management at The Clearing House and Chair of the FPC Network Committee. “This report demonstrates how the networks complement one another and provide the industry with a wide range of options to deliver faster payments to end users.”
The State of Play in U.S. Faster Payments report outlines the ways faster payments are being used today, from disbursements and payroll to bill payments and person-to-person transfers. It also examines key elements of network design such as settlement mechanisms, message standards, routing, and fraud mitigation measures. By comparing these features side by side, the report offers a resource for organizations evaluating faster payments solutions.
The profiles featured in the report represent both core clearing and settlement networks as well as value-added networks built on top of existing payments infrastructure. Networks included in the 2025 report are Accel, FedNow® Service, Juniper OnWe®, Mastercard Send, Open Payment Network®, RTP® Network, SHAZAM, STAR, Visa Direct, and Zelle®.
“The faster payments landscape continues to expand as networks scale, new use cases emerge, and adoption increases across consumer and business markets,” said Reed Luhtanen, FPC Executive Director and CEO. “This updated report equips financial institutions and payment providers with a clear view of today’s network environment and supports the industry’s efforts to advance faster payments in the United States.”
The FPC will continue to update the State of Play report periodically to ensure the industry has access to the most current information on the evolving faster payments landscape.
Companies In This Post
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- Unlimit Achieves Mastercard and Visa Token Service Provider Certification in India, Advancing Secure Digital Payments at Scale Read more
- U.S. Faster Payments Council Releases Latest State of Play in U.S. Faster Payments Report Read more
- California Casualty Selects ZestyAI to Strengthen Wildfire Risk Assessment and Support California’s Sustainable Insurance Future Read more
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Unlimit Achieves Mastercard and Visa Token Service Provider Certification in India, Advancing Secure Digital Payments at Scale
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U.S. Faster Payments Council Releases Latest State of Play in U.S. Faster Payments Report
The U.S. Faster Payments Council (FPC), a membership organization devoted to advancing safe, easy-to-use faster payments in the United States, today released the 2025 edition of its State of Play in U.S. Faster Payments report. Developed by the FPC Network Committee, the report is now available for download in the FPC’s Faster Payments Knowledge Center.
California Casualty Selects ZestyAI to Strengthen Wildfire Risk Assessment and Support California’s Sustainable Insurance Future
ZestyAI, the leader in AI-driven property risk analytics, announced today a new partnership with California Casualty, a trusted auto and home insurance provider serving educators, peace officers, firefighters, and healthcare workers for over 110 years. The collaboration will enhance California Casualty’s wildfire underwriting and pricing capabilities while reinforcing its long-term commitment to serving California’s community heroes and supporting the California Department of Insurance’s Sustainable Insurance Strategy (SIS).
Worth Partners with Priority to Accelerate Merchant Onboarding at Scale
Worth, the fintech platform modernizing onboarding and underwriting for financial institutions, today announced that Priority, a publicly traded payments and banking solutions provider and one of the largest U.S. non-bank merchant acquirers, has adopted Worth’s AI-powered platform to streamline the merchant onboarding process.
TBC Uzbekistan Celebrates 5 years of Growth and Innovation in Central Asia’s Most Populous Nation
TBC Uzbekistan, the leading digital banking ecosystem in Central Asia and part of London-listed TBC Bank Group, celebrates the five-year anniversary of its launch in Uzbekistan, Central Asia’s most populous nation and one of the world’s fastest growing emerging markets.
RootstockLabs Targets $260 Billion in Idle Bitcoin with New Institutional Initiative
RootstockLabs, key contributor to Rootstock, the first and longest-running Bitcoin layer 2, today announced the launch of Rootstock Institutional, a cross-functional team created to explore ways to support professional investors and enterprises in taking advantage of Bitcoin-native DeFi opportunities.
Interactive Brokers Launches Enhanced Version of IBKR Desktop with One-Click, Instant Order Placement
Interactive Brokers (Nasdaq: IBKR), an automated global electronic broker, today announced the release of Version 1.2 of IBKR Desktop, a next-generation trading platform that balances simplicity with advanced functionality. The improved version offers new features and tools, including one-click, instant order transmission which is a highly requested and sought-after feature for Interactive Brokers’ active and sophisticated traders.
Unlimit Achieves Mastercard and Visa Token Service Provider Certification in India, Advancing Secure Digital Payments at Scale
Unlimit, the global fintech company, has achieved Token Service Provider certification from both Mastercard and Visa in India. This milestone establishes Unlimit as a certified provider capable of directly managing the complete token lifecycle, including issuance, replacement, and deletion, while offering merchants enhanced security and streamlined payment experiences.
U.S. Faster Payments Council Releases Latest State of Play in U.S. Faster Payments Report
The U.S. Faster Payments Council (FPC), a membership organization devoted to advancing safe, easy-to-use faster payments in the United States, today released the 2025 edition of its State of Play in U.S. Faster Payments report. Developed by the FPC Network Committee, the report is now available for download in the FPC’s Faster Payments Knowledge Center.
California Casualty Selects ZestyAI to Strengthen Wildfire Risk Assessment and Support California’s Sustainable Insurance Future
ZestyAI, the leader in AI-driven property risk analytics, announced today a new partnership with California Casualty, a trusted auto and home insurance provider serving educators, peace officers, firefighters, and healthcare workers for over 110 years. The collaboration will enhance California Casualty’s wildfire underwriting and pricing capabilities while reinforcing its long-term commitment to serving California’s community heroes and supporting the California Department of Insurance’s Sustainable Insurance Strategy (SIS).
Worth Partners with Priority to Accelerate Merchant Onboarding at Scale
Worth, the fintech platform modernizing onboarding and underwriting for financial institutions, today announced that Priority, a publicly traded payments and banking solutions provider and one of the largest U.S. non-bank merchant acquirers, has adopted Worth’s AI-powered platform to streamline the merchant onboarding process.
TBC Uzbekistan Celebrates 5 years of Growth and Innovation in Central Asia’s Most Populous Nation
TBC Uzbekistan, the leading digital banking ecosystem in Central Asia and part of London-listed TBC Bank Group, celebrates the five-year anniversary of its launch in Uzbekistan, Central Asia’s most populous nation and one of the world’s fastest growing emerging markets.