Federal Reserve Invites Experts to Join the FedNowSM Service Brokerages Roundtable Event
Join a roundtable session hosted by the Federal Reserve for brokerages and investment management firms to discuss A2A and instant payment opportunities and their impact on the ongoing development of the FedNow Service roadmap. This roundtable is part of the FedNow Community account-to-account (A2A) series and will serve as a follow up to the recent A2A webinar.
Participants will have an opportunity to collaborate with the Federal Reserve and provide valuable perspectives on A2A transfers for brokerages and identify any A2A challenges specific to their use cases and barriers to instant payments adoption.
Those interested are invited to submit an expression of interest to be considered for the roundtable session. The roundtable will be held via a WebEx on Wednesday, June 2 from 1 – 3 p.m. ET.
Desired Participant Profile:
We are seeking payment professionals in the brokerage space from all size brokerages. Participants do not need to have instant payment experience, as we are seeking input from all relevant organizations. Applications should be familiar with one or more of the following responsibilities for their firm: day to day payment operations, treasury or cash management, account funding/defunding, account product profile and/or roadmap.
This interactive session will provide participants with the opportunity to learn and discuss instant payment considerations for brokerages. The roundtable is set to discuss brokerage needs/considerations to support instant payments, how to implement A2A use cases for their customers, and provide an opportunity to address barriers to instant payment adoption and any required changes to operational or business processes.
Interested in Participating?
If you would like to be considered for the roundtable, please complete the expression of interest form, available here (Off-site), by Wednesday, May 19. Participants will be notified of their selection to join the roundtable no later than Tuesday, May 21.
For more information on FedNow Service features and functionality, download the FedNow product sheet (PDF). You can also stay up-to-date on our progress by joining the FedNow Community (Off-site) or by signing up to receive FedNow Service emails.