FedNow Is Here Now!

Compliance Frontline & New Accounts Information Technology Operations

On-Demand Webinar

StreamedSep 26, 2023Duration60 minutes

Unlimited & shareable access starting two business days after live stream
Available on desktop, mobile & tablet devices 24/7
Take-away toolkit
Ability to download webinar video
Presenter's contact info for questions

See Registration Options

FedNow is finally here!

This detail-driven program will divulge its benefits, transaction flow, challenges, and each institution’s responsibilities. Do you know what is required? What are the timelines for processing and funds availability? Are there exceptions? Learn the answers to those questions and more with this timely, informative webinar.

AFTER THIS WEBINAR YOU’LL BE ABLE TO:

Reveal the benefits of FedNow
Describe the FedNow transaction flow and participation types
Identify the three customer credit transfer response options
Explain the funds availability requirements for each response type
Specify when processing exceptions are applicable

This course is eligible for 1.2 AAP/APRP credits

WEBINAR DETAILS

FedNow is here now and understanding the key features, benefits, and payment processing is essential. This timely program will walk through an institution’s responsibilities related to receiving FedNow payments, including appropriate message responses, timelines, exceptions, and funds availability. Scenarios will be used to demonstrate the proper response when receiving a credit transfer message and differentiate funds availability requirements based on those responses.

WHO SHOULD ATTEND?

This informative session is designed for operations personnel, compliance staff, cash/treasury management employees, emerging payments personnel, and risk management staff.

TAKE-AWAY TOOLKIT

Readiness checklist and reference materials
Employee training log
Interactive quiz
PDF of slides and speaker’s contact info for follow-up questions
Attendance certificate provided to self-report CE credits

NOTE: All materials are subject to copyright. Transmission, retransmission, or republishing of any webinar to other institutions or those not employed by your institution is prohibited. Print materials may be copied for eligible participants only.