News from the Wire

Carl Slabicki now chairperson of FPC Board of Directors

Wednesday, July 24, 2024 — 12:32:00 (EDT)

Bentonville, Ark., July 24, 2024 – The U.S. Faster Payments Council (FPC), a membership organization devoted to advancing safe, easy-to-use faster payments in the United States, is pleased to announce that Carl Slabicki, Executive Platform Owner of Treasury Services at BNY, has been named the new Chairperson of the FPC Board of Directors. Carl succeeds Michael Bilski, CEO of North American Banking Company, who has served as Board Chairperson since 2019.

Carl brings a wealth of experience and expertise to the FPC. In his role at BNY, he is responsible for the Treasury Services commercial platform, delivering Payments, Trade & Cash Management solutions to clients globally. With experience and focus on innovative payment services across Real-Time Payments (RTP® and FedNow®), ACH, card solutions and alternative payment rails, Carl is well-positioned to support the FPC’s continued growth and innovation in faster payments. Carl also represents BNY on the Board of Directors for Nacha and The Clearing House Payments Company.

"I am honored to be appointed as the new Chairperson of the FPC Board of Directors," said Slabicki. "I would like to extend my gratitude to Michael Bilski for his exemplary leadership and dedication to the FPC since its inception. I look forward to building on his legacy and working with the Board to advance our mission of driving faster payments adoption and industry education across the market."

"It has been an honor to serve as the Chairperson of the FPC Board of Directors for the past five years," said Bilski. "I have great confidence in Carl's ability to lead the FPC into the future to achieve our vision of a seamless payments system, where anyone can pay anyone else anytime with immediate funds availability. As the FPC looks to add even more value, Carl’s experience and judgment will be invaluable in assessing the growing need for coordination and standardization to streamline the adoption of faster payments across various use cases."

The FPC Board is made up of influential leaders from all sectors of the payments ecosystem, including financial institutions, technology providers, business end users, payment network operators, consumer advocacy groups, and others. The Board holds the crucial role of offering strategic guidance, promoting collaboration, and ensuring that all processes, activities, and recommendations align with the FPC's foundational values.

"The FPC owes Mike Bilski a debt of gratitude for all he has done to help launch and grow this organization into what it has become today. His leadership as our Board Chairperson will be missed. That said, with Carl stepping into the role of Chairperson of the FPC Board of Directors, we are excited about the future of the organization," said FPC Executive Director Reed Luhtanen. "His extensive experience and vision for the future of payments will be invaluable as we continue to evolve and expand the FPC’s role in the industry in ways that will make it easier for users to implement and use faster payments. We anticipate that under Carl’s leadership, the FPC will continue to drive significant progress in faster payments adoption and industry collaboration.”

The FPC prioritizes inclusion of diverse perspectives in tackling complex topics such as interoperability, identifying real-world solutions that can ease adoption of faster payments, managing security risks and fraud threats, addressing barriers to financial inclusion and cross-border payments, and more, as the organization paves the way toward a future of faster payments for all. For more information on the FPC, its current work efforts or to join, visit FasterPaymentsCouncil.org.

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Source: Company press release.