Philip joined the Federal Reserve in April 2021 where he leads the team responsible for enabling and onboarding the 8-10K industry participants to the FedNow Service and developing and executing the FedNow industry readiness strategy. Prior to joining the Federal Reserve. Philip spent 25+ years in the private sector, where he most recently served as the Senior Vice President for a large Financial Institution responsible for the launch and growth of Real Time Payments, Zelle, and the re-imagination of the Bill Pay. While working in payments in the Charlotte NC area, Philip established a not-for-profit cross-industry organization called PayCLT to create a center of excellence around emerging payments, educate the community on the latest trends, and showcase payment-related businesses and talent in the Charlotte area. He currently resides in Matthews, NC (just outside of Charlotte) and has a bachelor’s in finance from Rochester Institute of Technology.