SWBC's SWIVEL Transactions, LLC, a leading fintech company specializing in integrated Transaction Enablement™ solutions, today announced it has officially joined the U.S. Faster Payments Council (FPC), a membership organization devoted to advancing safe, easy-to-use faster payments in the United States.

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, SWIVEL supports the organization’s goals to create a payments environment guided by principles of fairness, inclusiveness, and transparency. SWIVEL looks forward to working with other leading industry organizations to confront and overcome the obstacles to faster payments adoption.

“Amidst the rapid evolution of our industry, one of the most critical challenges we face is the secure and effective adoption of instant payments, and its ongoing impact on institutions, businesses, and consumers,” said Amanda Crocker, Interim CEO of SWIVEL. “We share the FPC's vision for an open and collaborative approach with all industry stakeholders to address this challenge and develop a clear path forward for our nation's faster payments environment. We are eager to work with our fellow members to advance these important initiatives.”