Federal Reserve: Rolls out resources ahead of instant payment launch
- Federal Reserve System is the Central Bank of the United States was founded by Congress in 1913
- Launched new resources for the U.S. payments industry to facilitate education
- Type of faster payment that provides payees with immediate access to funds
- End users have accelerated their use of digital payments, including instant payments
- Offering new tools to help payments stakeholders better understand and address this market
- The FedNow Explorer website, an experiential platform designed to educate and engage financial institutions
