This alert may not be shared outside your organization, Do Not Repost or send, place on other websites, List servers, or send to others via email, including other associations or parties. Members and Law enforcement use only. Contact us for any permissions. To do otherwise will result in the loss of membership.
Complete Story
03/20/2023
Will FedNow’s July Launch Ignite Real-Time Payments in the US?
PYMNTS
The Federal Reserve’s FedNow real-time rail debut is imminent.
Financial institutions (FIs) including banks and credit unions have been using services from Zelle to rails like the RTP Network from The Clearing House (TCH).
Jim Colassano, SVP, RTP product management at The Clearing House; Meghan Oakes, VP head of products and services enterprise payments Americas at FIS; and Dan Baum, head of payments product, FedNow said the stars are aligning to move money faster, across a variety of use cases, appealing to a wide swath of users.
Alerts
The FRPA alert system distinguishes us from other groups by gathering and providing information to law enforcement, retailers AND financial institutions.
more informationResources
Your electronic library to help in fighting financial fraud for all of our partners.
more information