Fed and FedLine - Payments Space

FPC Draws Member Input with Town Halls on FedNowSM

Faster Payments Council

SEPTEMBER 17, 2019

While responses to the FedNow Request for Comment aren't due until November 7, we're looking at a significant strategic undertaking: we're forming recommendations for the first new payments system initiated by the Fed in more than 40 years. With our responses, we, quite literally, are shaping the future of payments.

FPC

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Federal Reserve Raises 2020 Payment Services Fees By 2.4 Pct.

PYMNTS

DECEMBER 2, 2019

percent higher than 2019, the Fed announced in a press release on Wednesday (Nov. percent for FedLine customers. In August, the Fed launched a real-time payments system, FedNow , that is broadly accessible across the financial services ecosystem. The new payment services fees go into effective on Jan.

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Payments Space

FPC Draws Member Input with Town Halls on FedNowSM

Federal Reserve Raises 2020 Payment Services Fees By 2.4 Pct.

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