Federal Reserve Next Steps in the Payments Improvement Journey

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From the Executive Summary:

This paper reflects the Federal Reserve’s plans for near-term collaboration with the industry to move closer to achieving the desired outcomes articulated in the Strategies paper. This paper puts forward a series of refreshed strategies and describes nine new tactics the Federal Reserve will employ, in collaboration with industry, to make further progress. In addition to the tactics described in this paper, the Federal Reserve will continue work on enhancing its existing services and advancing its ongoing initiatives, consistent with the Strategies paper.

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