Preparing for the FedNow Launch
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.