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US Fed to consult with industry on improving pay services, Waller says

By Neil Roland ( August 20, 2025, 19:03 GMT | Insight) -- The US Federal Reserve will soon consult industry on the way technologies such as tokens, smart contracts and artificial intelligence might improve the agency’s payment platforms and services, Fed Governor Christopher Waller said.  “As a payment system operator, it is important to understand trends in payments technology so that we can continue to support private sector firms that leverage our infrastructures, as well as understand whether emerging technologies could provide opportunities to improve our existing platforms and services,” Waller, a Trump appointee, said in a speech.The US Federal Reserve will soon consult industry on the way technologies such as tokens, smart contracts and artificial intelligence might improve the agency’s payment platforms and services, Fed Governor Christopher Waller said....

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