WASHINGTON (7/22/15)--Several members of the credit union system have been newly named to the Federal Reserve’s Faster Payments and Secure Payments task forces.
The Fed announced the members Tuesday.
Wanda Chambers, senior vice president of payments services, Suncoast CU, Tampa, Fla., has been named to the Faster Payments Task Force Steering Committee.
Terrence Griffin, chief information officer, CO-OP Financial Services, and Matt Wilcox, senior vice president of marketing strategy and innovation, Fiserv, have been named to the Secure Payments Task Force Steering Committee.
The steering committees will advise the Federal Reserve task force chair on meeting agendas and assist in prioritizing the various task force activities. The committees will also assist in establishing and recommending the scope of work groups, synthesizing task force perspectives and determining items in need of task force deliberation.
Steering committee members are elected by task force members to represent stakeholder categories within each task force, with two appointments made by the Fed task force chair.