Top 10 Misconceptions about the FedNow Service

Posted on 17 May 2023

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.

Thanks for submitting the form

Download PDF

Download Article

03 Apr 2024 Articles & Trend Reports The Future of Instant Payments: Insights and Projections Explore emerging use cases and services for real-time payments in 2024.
21 Mar 2024 Articles & Trend Reports Checklist: What Banks Should Look for in a Payments Fintech Partner, How Alacriti Scores Find out if Orbipay EBPP can help you meet your billing and payment goals.
07 Mar 2024 Articles & Trend Reports The Future of ACH: Modernization Efforts and Their Impact Explore the ongoing changes and future breakthroughs in ACH.