Federal Reserve: Rolls out resources ahead of instant payment launch

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