The Board of Governors of the Federal Reserve System (Board) announced in a Federal Register notice (Off-site) (Notice) that the Federal Reserve Banks will adopt the ISO 20022 message format for the Fedwire Funds Service.
A series of FedNow presentations are now available to watch at your convenience. These videos, which are led by FedNow product team members, highlight features and functionality of the FedNow Service and steps financial institutions can take to start preparing for the instant payments platform.
Effective October 31, 2021, the Federal Reserve Banks will no longer support Internet Explorer® 11 for use with the FedLine Web® or FedLine Advantage® Solutions.
You can expect more efficient check adjustments when the Federal Reserve Banks introduce new investigation types (ITYP) functionality on March 20, 2022.
The Federal Reserve will again suspend the holiday currency ordering periods in 2021 to proactively reduce operational strain on the cash supply chain during the winter holiday season as ongoing risks associated with the pandemic continue to create unprecedented challenges.
Fact or fiction? The Federal Reserve plays many roles as the nation’s central bank, yet misconceptions can make their way into the public discourse. Read on for some Fed myth-busting.
