On March 31, 2021, the Federal Reserve announced the release of the message specifications to be used with its FedNow℠ Service when it launches in 2023. The message specifications will be based on the ... More
Enjoying our monthly Cyber Watch? Help us improve it by taking this brief survey! Overview: Although changes in technology seem to happen overnight, the original purpose of our Cyber Watch ... More
The New Role of Operations Workgroup met on March 25, 2021, to continue exploring the shifting role of operations in the wake of COVID-19 and inherent in the accelerating digitalization of payments. While ... More
As real-time payments continue their march toward ubiquity with the growing adoption of The Clearing House's (TCH) Real Time Payments (RTP) network and the anticipated 2023 launch of the Federal Reserve's ... More
In the most recent New Role of Operations virtual meeting, the Workgroup began to explore the disruptive factors impacting financial institutions today, such as new competition and enhanced technology ... More
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