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FIY די אמערקאנע FED האבן זיך געכאפט אז זיי זענען זייער צוריק געבליבן מיט די בענקינג סיסטעם קעגן אייראפע, די בענק אין ענגלאנד האבן שוין די סערוויס בערך 2 יאר, וואס VFEX קליענטן זענען זיך מחי' ב"ה,
FIY די אמערקאנע FED האבן זיך געכאפט אז זיי זענען זייער צוריק געבליבן מיט די בענקינג סיסטעם קעגן אייראפע, די בענק אין ענגלאנד האבן שוין די סערוויס בערך 2 יאר, וואס VFEX קליענטן זענען זיך מחי' ב"ה,
FIY די אמערקאנע FED האבן זיך געכאפט אז זיי זענען זייער צוריק געבליבן מיט די בענקינג סיסטעם קעגן אייראפע, די בענק אין ענגלאנד האבן שוין די סערוויס בערך 2 יאר, וואס VFEX קליענטן זענען זיך מחי' ב"ה,
Federal Reserve Names Organizations Certified as Ready for FedNow® Service FedNow launching in Late July In the latest FedNow Service news, the Federal Reserve announced that 57 early adopter organizations, including financial institutions and service providers, have completed formal testing and certification in advance of the FedNow Service’s launch planned for late July.
Many of these organizations will be live when the FedNow Service launches or shortly after, with financial institutions ready to send and receive transactions and service providers ready to support transaction activity.
This group of early adopters is now performing final trial runs on the service to confirm their readiness to support live transactions over the new instant payments infrastructure. The early adopters include 41 financial institutions participating as senders, receivers and/or correspondents supporting settlement, 15 service providers processing on behalf of participants, and the U.S. Department of the Treasury.
“We are on track for the FedNow Service launch, with a strong cohort of financial institutions and service providers of all sizes in the process of completing the final round of readiness testing,” said Ken Montgomery, first vice president of the Federal Reserve Bank of Boston and FedNow program executive. “With go-live nearing, financial institutions and their industry partners should be confident in moving forward with plans to join the network of organizations participating in the FedNow Service.”
Over time, financial institutions are expected to adopt and build on the FedNow Service with the goal of offering new instant payments services to their customers. Montgomery noted that as a platform for innovation, the FedNow Service is intended to support multiple use cases, such as account to account transfer, request for payment, bill pay and many others.
In addition to working with early adopters, the Federal Reserve continues to work with and onboard financial institutions planning to join later in 2023 and beyond, as the initial step to growing a robust network aimed at reaching all 10,000 U.S. financial institutions.
Organizations that have completed certification in the FedNow Service Participants 1st Bank Yuma 1st Source Bank Adyen Alloya Corporate Federal Credit Union Atlantic Community Bankers Bank Avidia Bank Bankers' Bank of the West BNY Mellon Bridge Community Bank Bryant Bank Buffalo Federal Bank Catalyst Corporate Federal Credit Union Community Bankers' Bank Consumers Cooperative Credit Union Corporate America Credit Union Corporate One Federal Credit Union Eastern Corporate Federal Credit Union First Internet Bank of Indiana Global Innovations Bank HawaiiUSA Federal Credit Union JPMorgan Chase Malaga Bank Mediapolis Savings Bank Michigan Schools & Government Credit Union Millennium Corporate Credit Union Nicolet National Bank North American Banking Company PCBB Peoples Bank Pima Federal Credit Union Quad City Bank & Trust Salem Five Bank Star One Credit Union The Bankers Bank United Bankers' Bank U.S. Bank U.S. Century Bank U.S. Department of the Treasury’s Bureau of the Fiscal Service Veridian Credit Union Vizo Financial Corporate Credit Union Wells Fargo Bank, N.A. Service Providers ACI Worldwide Corp. Alacriti Aptys Solutions ECS Fin Inc. Finastra Finzly FIS Fiserv Solutions, LLC FPS GOLD Jack Henry Juniper Payments, a PSCU Company Open Payment Network Pidgin, Inc. Temenos Vertifi Software, LLC