Recognizing the need for a collaborative approach with other leading industry stakeholders to further the adoption of faster payments at a national level, BHMI, a leading provider of enterprise software applications and creator of the Concourse Financial Software Suite™, announced it has officially joined the U.S. Faster Payments Council (FPC).
As a national, industry-led organization, the FPC seeks to foster a universal faster payments system where Americans can safely and securely make payments to anyone, anywhere, at any time with near-immediate funds availability. As a new member of the FPC, BHMI supports the organization’s goals to create a payments environment that is fair, flexible, and transparent for all. BHMI looks forward to working with other leading industry organizations to confront and overcome the obstacles to faster payments adoption.
"The FPC’s main goal is to create a forum for industry dialogue and collaboration among our members to support the adoption of faster payments at the national level and tackle the challenges that inhibit this process. We welcome BHMI’s support, industry experience and expertise, and appreciate the team’s commitment to our mission of continuing and advancing this important conversation,” said Kim Ford, Executive Director for the FPC.
"While our industry has continued to rapidly evolve and face key issues in many areas, we consider one of the most important to be the safe, effective adoption of near real-time payments systems,” said Dr. Jack Baldwin, CEO of BHMI. “We share the FPC’s vision of creating an open, collaborative dialogue among all stakeholders so we can best address this issue and develop a true faster payments roadmap. We look forward to working with our fellow members to advance the faster payments initiative.”