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Introduction to Instant Payments and FedNow®

Description

Event Details*
Thursday, February 01, 2024
On-Demand; 1.2 AAP/APRP CEU Eligible
Level: Beginner

Event Registration**
Member Price: $150.00
Non-Member Price: $325.00
**$150 member registration fee includes 3 registrations. Additional members may be registered for $25/person. All members must be registered at the same time, and you must be logged in to receive this pricing.


Instant payments are a hot topic in today's evolving payments landscape. With the ongoing growth of the RTP Network and the upcoming 2023 launch of the FedNow® Instant Payment Network, many of us likely have questions about how instant payments work and want to learn why financial institutions should adopt them. In this 3-part series, NEACH answers many of these questions that have been raised. Specifically, this series of sessions will explore the instant payments landscape for attendees.

In the first module, we will introduce how instant payments work, from clearing and settlement to fraud impacts in the landscape. The second module will begin to outline the steps involved in operational readiness to prepare your organization for supporting instant payments and address the steps necessary to start the adoption process with your account holders. The last module of this series will specifically discuss how the FedNow® system will work, including settlement, and explore how the ISO 20022 global data standard is integrated into the core functionality of FedNow®.


Attendees will:
• Understand the Instant Payments Landscape
• Review FedNow® product from the Federal Reserve


Speaker:
• Joe Casali, AAP, APRP, Executive Vice President, NEACH


Audience:
• AAPs
• APRPs
• COO
• Electronic Banking
• NCPs
• Operations
• Payment Strategy
• Product Management
• Treasury/ Cash Management


You might also like:
• Faster Payments Playbook



*Please note that the access information will be sent to you in a separate email upon receipt of payment. Access information and support are only provided during normal business hours.

**$150 member registration fee includes 3 registrations. Additional members may be registered for $25/person. All members must be registered at the same time, and you must be logged in to receive this pricing.


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