The FedNow® Service, the first new payment rail introduced into the Federal Reserve system in over 40 years, is launching in July. However, despite being so close to going live, there are still many misconceptions about what’s to be expected.
In a CUInsight-hosted webinar, Joni Hopkins, Vice President, Product and Relationship Management Group at Federal Reserve Financial Services, and Mark Majeske, SVP Faster Payments at Alacriti, reviewed the top ten misconceptions they hear in the market about the FedNow Service.
