The recently announced pricing changes for 2026, which took effect Jan. 1, 2026, support Federal Reserve Financial Services’ (FRFS) plans for the new year and reflect our continued strategic focus on providing customers with a fully integrated product suite that offers speed, resilience and choice. We are laser-focused on our mission of delivering a trusted and contemporary payment system that works for everyone.
Upcoming enhancements
FRFS customers can expect the following product and service enhancements:
- New resources for helping combat payments fraud:
- Payee Name Verification is the latest addition to the FedDetect® Notification Services portfolio of risk mitigation services, providing financial institutions the ability to verify a beneficiary name associated with the account of an intended payment.
- A FedNow® Service pilot program is underway for an upcoming network intelligence tool that will allow financial institutions sending transactions over the FedNow Service to do a “pre-check” on receiver accounts before making an instant payment.
- Expansion of APIs: Several APIs are in development across our services and will be available this year to further automate information for financial institutions.
2026 pricing
To continue providing a level of service that both meets your operational needs and aligns with evolving business needs, we have adjusted the prices of some services and left others unchanged. The impact on your financial institution will depend on your product mix and volume. An overview, as well as details on specific changes, can be found via our Service Fees page. All pricing changes are effective as of Jan. 1, 2026.
View complete Pricing & Product Changes Summary for 2026
Additional resources
If you have questions about fee changes or how they affect your institution, please contact your relationship manager or our Support Center. The Federal Reserve Board’s press release (Off-site) and Federal Register Notice outline more detail on this year’s fee changes.
