FedLine, Interoperability and Request for Payment

FPC Draws Member Input with Town Halls on FedNowSM

Faster Payments Council

SEPTEMBER 17, 2019

Kirstin spoke openly with our membership, addressing questions coming in from our members on topics such as ubiquity, interoperability, and industry collaboration. We were thrilled to have upwards of 100 of our members on the line to hear directly from Kirstin Wells, principal economist at the Federal Reserve Board.

FPC

FPC FedNow Fed Request for Comment

What Is FedNow & How Can Businesses Prepare for It?

Seon

JULY 27, 2023

FedNow works by offering banks, credit unions, and other organizations such as retailers a system where they can utilize instant payment services that go through this core process: The payer (e.g. an employer paying an employee their wages) uses an app provided by their credit union to request the desired payment.

FedNow

FedNow Federal Reserve ISO 20022 Fraud Detection

Payments Space

FPC Draws Member Input with Town Halls on FedNowSM

What Is FedNow & How Can Businesses Prepare for It?

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