Tag Archives: faster payments

ABA Offers Feedback on Federal Reserve Faster Settlement Proposal

In a comment letter to the Federal Reserve today, ABA offered feedback on potential Fed actions to accelerate interbank settlement of faster payments, including the idea of the Fed banks developing a 24/7/365 real-time settlement service and a liquidity management tool to support this service.

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Fed Seeks Feedback on Its Role in Faster Payments Settlement

The Federal Reserve System today issued a request for comments on potential Fed actions to accelerate interbank settlement of faster payments, including the idea of the Fed banks developing a 24/7/365 real-time settlement service and a liquidity management tool to support this service.

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