FedNow - Embracing the potential of instant payments in the US
Time is of the essence with FedNow - the new instant payments service from the Federal Reserve. See how Finastra's expertise can simplify your journey to adoption and accelerate time to value.
With 90% of businesses expecting to be able to send and receive instant payments by 2023 how will you ensure that you are able to meet customer expectations? Finastra not only has unrivalled expertise in connecting to instant payments schemes globally, we have partnered with the Federal Reserve over many years and been part of the FedNow solution since its inception, including participation in the pilot program.
In this factsheet we consider:
- the features of the FedNow service that will help your decision making when selecting an instant payments scheme
- the features of Finastra's payment solutions that will ensure a successful and timely implementation
- how our solutions provide you with a transformation path to a modern, multi-rail, payment hub
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