The Federal Reserve Banks recently launched new resources to facilitate education, preparation and ecosystem innovation in support of instant payments, including a new FedNow Explorer (Off-site) site.
If you’re navigating the future of payments for your financial institution, FedNow Explorer offers customized learning paths for those new to instant payments as well as those who are well into their journey. The site covers a range of topics, including instant payment basics, how the FedNow Service works, features and functionality information, use cases, FAQs, readiness roadmaps and more.
Gain access to the FedNow Service Readiness Guide
For comprehensive information on the FedNow Service, look no further than our new FedNow Service Readiness Guide on FedNow Explorer (Off-site). This rich resource goes into depth on how the FedNow Service will work, and it highlights different use cases and opportunities for innovation with the service.
The guide also provides important information you can leverage to start mobilizing your organization for instant payments, including:
- Preplanning roadmaps and planning considerations for product, technology and treasury operations
- Operational details and benefits related to reporting and reconcilement, settlement and liquidity management
- Technology overviews regarding information security, participant availability and more
Find your instant payment path
FedNow Explorer offers different learning options for guided or self-guided exploration. Learn more by watching this welcome video and by checking out FedNow Explorer (Off-site) today.