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).
