Are you responsible for your organization’s FedNow Service integration? Preparing to build instant payment products leveraging the FedNow Service?
How can financial institutions and other payments professionals more effectively fight fake identities used for fraud involving payments?
In October 2021, we announced the Federal Reserve Banks will implement changes to the Fedwire Funds Service’s proprietary message format effective November 21, 2022.
Effective September 16, 2022, Nacha will implement the first phase of its new micro-entry rule defining and standardizing practices and formats.
Upcoming changes: Account Management Information and Accounting Information Services for seven-day accounting
The Federal Reserve Banks plan to adopt a seven-day accounting cycle with a target date of 2023.