US-based software-as-a-service (SaaS) payments fintech Alacriti has joined the U.S. Faster Payments Council (FPC).

Faster Payments Council is an industry-led membership organisation dedicated to enabling faster payments for Americans.

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FPC executive director Reed Luhtanen said: “The Faster Payments Council is excited to welcome Alacriti to our membership.

“Making sure we include as many voices with varying points of view and markets served is important as we help pave the way toward a future of faster payments for all.

“Alacriti is well positioned to bring those views to our council.”

Alacriti is a financial technology company that helps boost digital transformation for its clients.

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Through its expertise in banking and payments and experience working with financial institutions, Alacriti aims to simplify the transition to faster payments.

Alacriti co-founder and CEO Manish Gurukula said: “The foundation of a real-time ecosystem in payments is rapidly taking shape.

“Consumer demand for secure, any-to-any, immediate payments, coupled with ubiquitous cloud adoption and a rapid pace of innovation is creating an unmatched inflection point for the banking industry.

“We are looking forward to offering our knowledge and perspective to the U.S. Faster Payments Council community to help simplify the path of faster payments innovation for Financial Institutions of all sizes.”

FPC recently also added Baton Systems, a post-trade solutions provider for capital markets, and payments technology and transaction processing provider Mindgate Solutions to its network.