The FedNow Service, recently launched by The Federal Reserve, has generated significant excitement among credit unions. This webinar discusses its successes and future plans, offering insights for financial institutions to make informed decisions in navigating the new instant payment rail.
Explore how credit unions and their members are using real-time payments. Gain insights and strategies from Bayer Heritage Federal Credit Union on leveraging the benefits of real-time payments and their future growth plans within the RTP network.
The Operational Considerations for Instant Payments Guidelines serve as a primer for operational considerations for receiving instant payments, offering high-level insights on priorities to consider when adopting this new method of receipt. The primer is meant to provide a springboard for credit unions to plan the journey to faster payments adoption by providing high-level insights into the various areas for consideration.
The round-the-clock, year-round availability of immediate payments might appear intimidating, but with a few tips, you can gain a better understanding of how your credit union's back-office operations will change once you introduce one or both of the new payment rails.
During an interview on CUbroadcast, President and CEO Melissa Ashley and ACI Worldwide CEO Thomas Warsop revealed their thoughts about the strategic partnership between Corporate One and ACI Worldwide and what it means for America’s credit unions.
Corporate One and CU*Answers have partnered to expand the accessibility of real-time payments for credit unions across the nation. CU*Answers will leverage Corporate One’s Third-Party Service Provider for the RTP® network solution to establish a technical RTP connection that their credit union clients can easily leverage so they can receive real-time payments. Read more.
Through the partnership, Corporate One will extend its open payment platform solution that technically connects credit unions and those in the industry to the RTP network to also connect to the FedNow Service.
The Federal Reserve announced that Corporate One is among the 57 early adopters of the FedNow Service and is prepared to provide credit unions with settlement and cash management services when the FedNow Service goes live in July.
President and CEO Melissa Ashley recently provided insights on the highly anticipated launch of the FedNowSM Service in an interview with Michael Lawson from CUbroadcast. She also discussed the recent addition of Corporate One to the FedNow Service Provider Showcase.
Get ready for a U.S. payments transformation as RTP and FedNow are on the way to becoming commonplace. Before choosing which one your credit union will participate in, you should understand the basics. What are the benefits of RTP and FedNow? What transaction types are supported on the RTP and FedNow networks? We’ll examine key features and benefits, including a high-level overview of how transactions flow, funds availability, use cases and legal framework. Walk away with an understanding of the fundamentals of these instant payment systems.
Corporate One is now featured in the FedNowSM Service Provider Showcase. This online resource is designed to connect financial institutions looking to adopt and innovate upon the FedNow Service with service providers offering instant payment solutions.