Craig Ramsey of ACI Worldwide and Anthony Serio of 7T World on Financial Inclusion, Stablecoin, AI, and the World Cup

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Off the Rails from the U.S. Faster Payments Council - FPC 35 min 3 speakers 3 chapters transcribed 1 month ago
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Craig Ramsey 0:07
Off the rails. From the U.S. Foster Payments Council.
Reed Luhtanen 0:23
This is Off the Rails from the U.S. Faster Payments Council. As always, I'm your host, Reid Lutanen, CEO of the FPC. Today, I'm joined by Craig Ramsey, Global Head of Account-to-Account Payments at ACI Worldwide, and Anthony Serio, Co-Founder and COO at 7T World. The three of us talk about an upcoming resource from FPC's Financial Inclusion Workgroup, the adoption curve for different payments technologies, and the upcoming World Cup. But first, the headlines. The call for session proposals for the FPC Fall Member Meeting is open. That event will be in Kansas City November 4th through the 6th. And bonus opportunity, we're also accepting session proposals for the Spring Member Meeting, which will be in March in San Antonio, Texas.
Reed Luhtanen 1:06
Find all of that at FasterPaymentsCouncil.org, of course. And as always, a huge thank you to our fall member meeting sponsors. First, our platinum sponsors, ACI Worldwide, North American Banking Company, and Visa Direct. And our gold sponsors, Alloya, BNY, Brightwell, DeNovo Treasury, ePay Resources, Federal Reserve Financial Services, Thinsley, MasterCard, Form 3, Plaid, Shazam, The Clearinghouse, PTAP Advisory, Trustly, Validify, Westpay, and Wyzea. FPC's Board of Directors elections are wrapping up and we will soon be seeking nominations for our Board Advisory Group. We encourage all FPC members who are interested in helping to shape the future of the FPC and the work we will be doing to submit your nominations.
Reed Luhtanen 1:48
The Board Advisory Group will be meeting with Board of Directors in person at the Fall Member Meeting in Kansas City and at the 2027 Spring Member Meeting in San Antonio. And it is already time to look ahead to that fall conference season, though I think July and August are a bit of a stretch when it comes to calling things fall. We did have our spring member meeting in February, so I guess I can't talk. In any case, I'm excited to be headed back to the PaymentsEd forum, which will be July 27th through the 29th in Boston. I'll be joining an incredible panel to talk about payments modernization to that group of merchants. Then in August, it's back to Dollywood for Payments First and the Solutions Payments Conference, where FPC will be exhibiting and engaging with the financial institution attendees.
Reed Luhtanen 2:29
And I will be presenting a session on leadership in the payments industry with some other CEOs. Then in September, I'll be back in front of that merchant community with sessions at the Merchant Risk Council's MRC San Diego event, as well as Merchant Advisory Group's Payments Conference. This corporate audience is incredibly important for us, and I'm excited to get in front of those groups. The FPC is positioned to take the lead when it comes to building out the standards and frameworks that will define the next generation of payments. And merchants and other business end users have an opportunity right now to claim their seat at the table. That's a message I'm excited to bring to that audience in a variety of forums.
Reed Luhtanen 3:05
And that will do it for the headlines. Let's get to that discussion with Anthony Serio from 7T and Craig Ramsey from ACI Worldwide.
Reed Luhtanen 3:30
All right. We're joined by Craig Ramsey of ACI Worldwide and Anthony Serio of 7T World. Thanks for joining us, guys.
Craig Ramsey 3:38
Thanks, Reid. Good to be here. Good to be here. Thanks for having us.
Reed Luhtanen 3:43
Great. Well, how do we start by you guys are both very active in our financial inclusion work group at the FPC. So, Craig, why don't we start with just the why? Why do we have a financial inclusion work group? What is that group worked on and focused on?
Craig Ramsey 3:57
Yeah, well, just for the benefit of people that aren't familiar with the work groups, obviously the U.S. Faster Payments Council is made up of excellent industry experts with like-minded thoughts. And some of the work that the FPC does is to channel that energy via work groups into outputs, deliverables, industry knowledge, thought leadership, that kind of thing. And one of those excellent work groups, chaired by Antony,

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