Center for Payments

OCTOBER 18, 2023

With demand from consumers and businesses for faster payments firmly established, financial institutions recognize the need to act, but where do they stand on implementation planning? To find out, the Center for Payments, a collaboration of ten Payments Associations helping their members keep pace with the continued evolution of U.S.

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Center for Payments Faster Payments Instant Payments FedNow 40

Center for Payments

MARCH 17, 2023

By Meagan Norlund, VP, Marketing & Communications, NEACH As the industry well knows by now, the Federal Reserve anticipates that FedNow SM will be available sometime between May and July of this year, ahead of schedule and only a few short months away. Your customers and members want faster payment solutions.

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FedNow Faster Payments Instant Payments Federal Reserve 40

Center for Payments

FEBRUARY 14, 2023

As Direct Members of Nacha, the Payments Associations are specially recognized and licensed providers of ACH education, publications, and support. The Payments Associations also support their members’ participation and accreditation in other payments channels including check, wire, card, RTP®, FedNow SM , and other emerging solutions.

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Professional Development APRP AAP NCP 40

Center for Payments

OCTOBER 21, 2022

In 2017, The Clearing House launched the Real-Time Payments (RTP) rail, a 24/7/365 processing system. There is a significant upward growth trend with RTP as more financial institutions and companies find use cases for instant payments. FedNow is the Federal Reserve’s service to offer similar instant payment capabilities.

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Accreditation RTP Instant Payments Professional Development 40