News & Insights

Welcome to our new blog series on the FedNow® Service. We want to use this blog to inform, prepare and enhance your knowledge of instant payment basics and other topics, such as: new features and functionality, credit union use cases, member education, fraud mitigation and more.

The FedNow® Service is a new instant payments rail that will redefine the way your members make payments. The FedNow Service represents the first new payment platform introduced by the Federal Reserve since the inception of ACH back in the early 1970s. This new payment network is designed to seamlessly facilitate instant payments throughout the United States.