CyberTRIZPEDIA

FedNow Service Operating Procedures

Operational and participation requirements for instant payments through FedNow.

Jurisdiction
US
Issuer
Federal Reserve
Effective
2023-07-20

Sectors

Banking & Finance

Articles (10)

Governance and Prudential Controls — ApplicabilityReporting and Disclosure — GovernanceCapital, Liquidity and Risk — Process RequirementsOutsourcing and Third Parties — Evidence and RecordsSupervisory Cooperation — Testing and AssuranceGovernance and Prudential Controls — ReportingReporting and Disclosure — RemediationCapital, Liquidity and Risk — Third-Party ControlsOutsourcing and Third Parties — TrainingSupervisory Cooperation — Management Review