Episode 22 - The Quintessential Faster Payments Beer Nerd with Reed Luhtanen (US Faster Payments Council)
In this episode of the Treasury Whisperer's Talkcast Podcast host Seth Marlowe interviews Reed Luhtanen, Executive Director of the US Faster Payments Council or "FPC" (www.fasterpaymentscouncil.org). They discuss the FPC's mission to facilitate a world-class payment system in the US, Reed's extensive experience in the payments industry, and his role in the creation of the FPC. The discussion also touches on the "Payment Beer Nerds," a group formed during the pandemic to connect payments industry professionals over virtual happy hours. Reed shares insights into the FPC's efforts to advance faster payments, the importance of interoperability, and the potential of request-for-payment flows. The conversation concludes with Reed's personal interests, including his passion for baseball, the Minnesota Twins and travel.
Reed is also host of the US Faster Payments Council's "Off the Rails" podcast: https://open.spotify.com/show/5pt9aDtxsvH0JVyLuL7TIP?si=ca827b0e1efd4638
Links:
Reed Luhtanen on LinkedIn: https://www.linkedin.com/in/reedluhtanen/
Seth Marlowe on LinkedIn: https://www.linkedin.com/in/treasurywhisperer/
The Treasury Whisperer's Talkcast Podcast on LinkedIn: https://www.linkedin.com/company/treasury-whisperer%E2%80%99s-talkcast-podcast/
The Treasury Whisperer Network on LinkedIn: https://www.linkedin.com/company/treasurywhisperernetwork/
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U.S. Faster Payments Council
Reed Luhtanen is Executive Director of the U.S. Faster Payments Council (FPC). The FPC is an inclusive, industry-led membership organization whose mission is to facilitate a world-class payment system where Americans can safely and securely pay anyone, anywhere, at any time and with near-immediate funds availability.
Reed has extensive experience in the payments industry and has served on myriad industry bodies, most recently an officer on the FPC Board of Directors; the Federal Reserve-sponsored Governance Framework Formation Team, which created the FPC; and the Corporate Advisory Group for The Clearing House’s Real-Time Payments System.
Prior to FPC, he spent roughly 15 years at Walmart, departing as Senior Director of Global Treasury
Reed is the host of The Off the Rails podcast which focuses on the emergence of faster and instant payments in the US. No surprise there. And he's a Founding Member of "Payments Beer Nerds™"
Reed has a BA in Political Science from the University of Arkansas’ Fulbright College of Arts and Sciences and a J.D. from the University of Arkansas School of Law.