Regulation

Fed banks to host town hall meetings on payments system improvements

126px-US-FederalReserveSystem-Seal.svg_3The Federal Reserve System will hold a number of town hall meetings during the month of June to encourage industry feedback on improving the speed, security and efficiency of the U.S. payment system.

Last fall, the Federal Reserve released a public consultation paper on potential ways to improve the payments system, and central banks have since conducted a number of research efforts to gain insight into various solutions.

Town hall meetings will be held by the New York Fed from 12:30-4:30 p.m. EST on June 16, Chicago Fed from 12:30-4:30 p.m. CST on June 17, Atlanta Fed from 1-5 p.m. EST on June 18, San Francisco Fed from 9 a.m. to 1 p.m. PST on June 19, Dallas Fed from 12:30-4:30 p.m. CST on June 20 and St. Louis Fed from 1-5 p.m. CST on June 23.

The discussions will be open to the public and will include participation from Federal Reserve leaders on topics such as faster payments, security, settlement, international payments and B2B payments.

Space is limited, and those who wish to participate are encouraged to register on or before June 4.

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