Skip to main content
  • Compliance & Regulation, Growth & Innovation, Risk

A FedNow Service Update for Community Banks

Share

Since going live on July 20, 2023, the Federal Reserve’s FedNow® Service has enabled participating financial institutions to transfer funds between sender and receiver accounts instantly, any time of the day, any day of the year. More than 500 financial institutions are currently participating, and the Fed says the number is growing every day.

Bernadette Ksepka, head of product management for the FedNow Service, recently provided The RMA Journal insight on how the pr…

Related Articles
2026 State of U.S. Deposits Quarterly Series
2026 State of U.S. Deposits Quarterly Series
  • Growth & Innovation
How ‘Failure Analysis’ Can Help in Banking
How ‘Failure Analysis’ Can Help in Banking
  • Risk
The Expansion of State-Level Regulation—and What It Means for Compliance
The Expansion of State-Level Regulation—and What It Means for Compliance
  • Compliance & Regulation

Become a Member and Get Exclusive Access

Join our community to unlock exclusive content, connect with industry experts, and gain access to valuable resources that will help you stay ahead.