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FedNowSM Service preplanning roadmap now available

Is your financial institution interested in the FedNow Service but not sure how to get started? We have a new resource for you! The FedNow preplanning roadmap guides you through key steps to take on the path to instant payments, including:

  • Getting to know instant payments and the FedNow Service
  • Looking at customer behavior to understand the demand
  • Identifying opportunities to build new products and services
  • Assessing the payment needs of your customers
  • Communicating plans internally and with vendors
  • Getting support from your Federal Reserve Bank account executive

Action Item:

The FedNow Service is set to launch in 2023. The time to start preparing is now. Take the first step by downloading the preplanning roadmap (PDF).