Stay engaged with Federal Reserve Financial Services

The Federal Reserve values the opportunity to meet and engage with professionals from across the payments landscape at industry events. To continue learning about Federal Reserve Financial Services (FRFS), view the latest news and resources on our offerings and payment system initiatives below.

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Representatives from Federal Reserve Financial Services will take part in the Nacha Smarter Faster Payments 2024 conference Monday, May 6 through Thursday, May 9. Mark your calendar for the sessions, events and engaging activities at the Fed’s exhibit hall booth (#500) below.

Monday, May 6

  • Mike Timoney, vice president of strategic industry engagement, will join a panel discussion about how to address the alarming growth in scams with information sharing at 3:10 p.m. ET.

Tuesday, May 7

  • Attend FedNow® Service demos at the Fed’s exhibit hall booth for interactive demonstrations of the instant payment transaction flow with discussion on features and functionalities at 10:00 a.m. and 1:50 p.m. ET.
  • Join Phil Ridgway, assistant vice president of product development, for an insightful conversation at 10:25 a.m. ET on how FRFS and TCH are working together on an industry solution for ACH exception problems.
  • At 10:25 a.m. ET, don’t miss Nell Campbell-Drake, vice president of strategic industry engagement, Shonda Clay, chief of product and relationship management, Susan Foley, deputy director of reserve bank operations and payment systems from the Federal Reserve System Board of Governors, Nick Stanescu, chief business executive for the FedNow Service and Cheryl Venable, chief of payments operations, during the Federal Reserve Town Hall.
  • Mark Gould, chief payments executive, will join other payments experts to speak about the future of faster payments in the U.S. at 11:30 a.m. ET.
  • Stop by the Fed’s exhibit hall booth for the “Fed Town Hall Encore” featuring a panel of Fed leaders and open Q&A on the Fed’s strategic initiatives at 1:00 p.m. ET.
  • Hear from Alex Romeo, vice president of operations strategy, at 2:15 p.m. ET during a panel covering the current state of ACH payments.
  • Lonnie Dafney, senior vice president and chief of diversity, equity & inclusion, will provide valuable insight on how an inclusive culture helps to achieve diversity at 2:15 p.m. ET.
  • Don’t miss the Innovator Spotlight at the Fed’s exhibit hall booth for the opportunity to hear from a small panel of FedNow Service early adopters, including Modern Treasury and Jack Henry, on the use cases they’re enabling and key lessons learned since adoption at 3:15 p.m. ET.
  • Della Tate, program director, will discuss the recently launched FedDetect Anomaly Notification for FedACH® during a Topical Talk session at 4:20 p.m. ET.
  • Join Michael Duren, vice president of operations support and Luke Woodward, senior vice president of operations support and resiliency, at 4:20 p.m. ET for a discussion about preparing organizations for when disasters strike.

Wednesday, May 8

  • Tracy Harrington, chief information officer, will join the conversation about the coming payments revolution in the financial services industry at 8:00 a.m. ET.
  • Join Sunayna Tuteja, senior vice president and system chief innovation officer for the Federal Reserve System, during a panel discussion on the evolution of artificial intelligence for payments industry innovation at 8:00 a.m. ET.
  • Hear from Bernadette Ksepka, vice president and deputy head of product management for the FedNow Service, during a Topical Talk session covering the use cases of instant payments at 9:05 a.m. ET.
  • FedNow Service demos will be offered at the Fed’s exhibit hall booth highlighting the instant payment transaction flow with discussion on features and functionalities at 10:45 a.m. and 2:50 p.m. ET.
  • Hear from Evis Daum, chief counsel and chief risk officer, during a discussion around artificial intelligence in payments at 11:10 a.m. ET.
  • Join Dan Gonzalez, vice president and national account director, at 11:10 a.m. ET for a panel discussion highlighting real-time payments in the U.S.
  • Frank Van Driessche, payment product strategy advisor, will join a discussion about unlocking seamless interbank connectivity through ISO® 20022 at 2:00 p.m. ET.
  • Don’t miss Nell Campbell-Drake, vice president of strategic industry engagement, during a panel covering innovations in B2B payments at 4:05 p.m. ET.

Thursday, May 9

  • Join Phil Ridgway, assistant vice president of product development and Della Tate, program director, at 8:00 a.m. ET for a conversation covering federal government reclamation, non-receipt claims and US treasury checks.

FedNow® Service (Off-site)

The FedNow Service is a new instant payments infrastructure that allows participating banks and credit unions to send and receive transactions within seconds on behalf of their customers – 24 hours a day, seven days a week. Explore resources below to learn about the exciting future of instant payments.

Product Sheet: Get to Know the FedNow Service (Off-site)
You are a Major Part of the FedNow Service Ecosystem (Off-site)
Protecting Against Instant Payment Fraud (Off-site)
FedNow Service Participants and Service Providers
Readiness Roadmap: For Financial Institutions Working with Service Providers (Off-site)

FedPayments Improvement (Off-site)

The Federal Reserve engages as a leader/catalyst with the industry to facilitate material advances in the U.S. payment system that promote integrity, security, efficiency and accessibility for all. View our work on key initiatives below.

Scams, Swindles – and Solutions (Off-site)
Remote Authentication Fraud (Off-site)
Synthetic Identity Fraud Mitigation (Off-site)
B2B Payments Efficiency (Off-site)

FedACH® Products & Services

The FedACH Services product suite provides financial institutions with efficient, low-cost batched payment services that enable an electronic exchange of debit and credit transactions through the Automated Clearing House (ACH) network. This includes a wide range of easy-to-use transaction and information services that conveniently and seamlessly integrate with all Federal Reserve Financial Services and offer a variety of access and connectivity options. Learn about FedACH products and services below.

FedDetect Anomaly Notification
FedPayments® Insights Service Product Sheet (PDF)
FedACH Services 2024 Fee Schedules
FedPayments Reporter Service for FedACH Services

FedCash® Services

The Federal Reserve Banks offer FedCash Services to help ensure that depository institutions have sufficient supplies of currency and coin to meet public demand. The Federal Reserve Banks act as a distribution center for the issuance of new currency designed and printed by the Bureau of Engraving and Printing, and for new coins minted by the United States Mint. Learn more about FedCash Services below.

FedCash E-Manifest Service
Cash Visibility Initiative

Fedwire® Funds Service

The Fedwire Funds Service is the premier electronic funds-transfer service that banks, businesses and government agencies rely on for mission-critical, same-day transactions. Fedwire Funds Service participants benefit from the finality of payments credited to their Federal Reserve Bank master accounts. Click below to learn more.

Fedwire Funds Service ISO® 20022 Implementation Center
Preparing Your Wire Ecosystem for ISO® 20022 (PDF)
FedLine Advantage® Users: Get Ready for ISO® 20022 (PDF)
Offline Service Retirement FAQ's
FedTransaction Analyzer®

Check Products & Services

The Federal Reserve Banks’ Check Services offer electronic and paper check processing options, based on deposit deadlines, level of sorting and credit availability. Explore the links below to learn more.

FedDetect® Duplicate Treasury Check Notifier Service
FedPayments Reporter Service for Check Services
Check Adjustments Services
Accelerated Imaged Returns Delivery Service

FedLine® Solutions

FedLine Solutions provide organizations with direct access to Federal Reserve Bank Services critical payment and information services and applications. FedLine Solutions use state-of-the-art technology to facilitate the reliable, highly secure clearing of payments and exchange of related information for organizations and their business and consumer customers. Learn more below.

2024 FedLine Solutions Services Comparison Matrix (PDF)
FedLine Solutions 2024 Fee Schedules
FedLine Solutions Security and Resiliency Assurance Program Resource Center
Federal Reserve to Deliver New Developer Resources in 2024

Request a Speaker

Representatives from Federal Reserve Financial Services frequently attend live and virtual events to discuss our offerings and payment system advancements. To request a speaker at your event, please review and complete this form (Off-site).