Items include
FedNow
Whitepapers
As the FedNow Service grows in momentum, we sat down with PCBB's COO - a payments expert and FedNow Service task force member - to understand how the service was developed, and what institutions should be doing now as they consider implementing.
Your customers aren’t going to wait for faster payments. The ability to clear and settle payments in real time provides money management flexibility and full access to immediate funds. Understanding the payment options available to you and how to get started implementing them can help pave the way to keep customers happy.
Faster payments haven't led to more fraud for two CFIs, thanks to effective risk mitigation and FedNow's security features. We highlight their experiences and the security features deterring fraud.
With over 1K participating institutions, CFIs can use FedNow instant payments to enhance liquidity, reduce costs, and compete effectively in the evolving payments landscape.
With over 800 participating institutions, the FedNow Service has gained momentum one year post-launch. We provide an update on its place in the payments industry.
Sheila Noll, PCBB’s Chief Operating Officer who served on the Federal Reserve’s Faster Payment Task Force, shares what it took to get FedNow® Instant Payments up and running and her advice for CFIs.
As we visit this year’s most popular BIDs, we look at this article from Feb 8 on faster payments: The FedNow® Service works between financial institutions, in contrast to consumer-centric payment apps. We take a deep dive into the details.
The long-promised Federal Reserve instant payment system, the FedNow® Service, officially debuts in July 2023. CFIs could see some important benefits from participation. We discuss use cases and benefits of FedNow instant payments as well as how to prepare for the service’s launch.