“Faster Payments” to be Presented by Kassi Arana Quimby at Annual Retreat

Over the years, the Federal Reserve has worked alongside the industry to pursue real-time, safe, highly secure, efficient, broadly inclusive and ubiquitous payment services in the U.S. During this session, attendees will learn about the efforts of industry work groups focused on real-time payments, the Fed’s initiatives to assess any needed improvements to its services in pursuit of real-time payments, and the collaborative work to identify and mitigate payment security risks. Hear from the Federal Reserve on how you should prepare for the future of the U.S. payment system.

Kassi Arana Quimby is a Vice President at the Federal Reserve Bank of Chicago, and works on the Federal Reserve System’s Strategies for Improving the U.S. Payment System initiatives.  Kassi has been involved in several key Federal Reserve industry initiatives over the past several years, including helping to lead the Faster Payments Task Force and several follow-on efforts including the Interim Collaboration Work Group; the Rules, Standards, Laws, and Regulations Work Group; and the establishment of the U.S. Faster Payments Council.  Prior to joining the Federal Reserve Bank of Chicago, Kassi worked for the Federal Reserve Board of Governors in Washington, DC and had oversight responsibility for functions supporting data intake and use across policy and supervisory areas of the Federal Reserve. Kassi has a BBA in finance and management from the University of Miami, an MBA from George Washington University, and a Project Management Professional (PMP) certification from the Project Management Institute.

To learn more about the annual retreat, click here.