Preparing for the FedNow Launch

CBA Today eNewsletter,

ICBA recently hosted a call for state banking partners on preparing for the July launch of FedNow.  FedNow is one of the services that allows for a faster way to exchange money between financial institutions so consumers can receive payment faster.

The presentation and talking points covered:

  • What is the FedNow Service?
  • Current Status of the FedNow Service
  • Flexible participation and connectivity options
  • Receiving and Sending Payments
  • Instant payment volume and demand
  • Checklist of top resources and steps to support the FedNow implementation journey

Watch for additional programs and resources on FedNow.