The time is now to talk about FedNow instant payments
As the Federal Reserve prepares to roll out the FedNow Service, the momentum for real-time payments (RTP) accelerates. Join Finastra and the Fed as we explore the specific use cases for banks to monetize instant payments and grow revenue.
![man presenting at meeting](/sites/default/files/styles/small_hq/public/image/2022-05/webinar-time-is-now-to-talk-about-fednow-instant-payments.jpg?itok=5muG3j94)
Default Finastra
As the Federal Reserve prepares to roll out the FedNow Service, the momentum for real-time payments (RTP) accelerates. 54% of mid-sized banks in the United States are planning to launch RTP over the next 12-18 months, according to Cornerstone Advisors, and many large-enterprise financial institutions have already taken the plunge.
Watch Finastra and the Federal Reserve Bank in a webcast and Q&A on the trends, opportunities, and challenges facing banks as they embark on their instant payments journey. Key themes explored:
- The benefits of instant payments and why now is the optimal time for adoption
- Specific use cases to monetize RTP and grow revenue
- Operational considerations to successfully launch a new rail
- FedNow pilot program - Timeline, requirements, and onboarding process
- The business case for adopting the FedNow Service and The Clearing House’s RTP® network
![Steven Jung](/sites/default/files/styles/x_small_hq/public/image/2022-05/steven-jung.jpg?itok=ZlD6WmU6)
![Michelle Bateman](/sites/default/files/styles/x_small_hq/public/image/2022-05/michelle-bateman.jpg?itok=k3DzFB3f)
![Jennifer Puglielli](/sites/default/files/styles/x_small_hq/public/image/2022-05/jen-puglielli.jpg?itok=Hptl8CzN)