September 25, 2018
As the payments landscape evolves toward faster and more secure processing, the Federal Reserve Banks continuously strive to maintain and support high-quality FedACH Services. With the future in mind, we will modernize the platform we use to support FedACH processing services in late 2019.
We are designing a more distributed processing infrastructure that will allow added flexibility and scalability to help ensure the continuing efficiency and business value of FedACH Services. This strategic investment in technology is designed to enable new and enhanced FedACH transaction and information services and to improve the time to market for enhancements to our products and services.
We will continue to keep you informed on various aspects of the project, including the implementation timeline, customer and vendor testing opportunities and any impact to your institution. You can stay informed by:
We value the trust you place in the Federal Reserve Banks and continually strive to meet your needs for secure and reliable payments services. Please reach out to a member of our FedACH and Check Services Customer Support staff with any questions about these changes.