ABA Supports Fed Single-Day Migration to New Message Format, Concerned About Lack of Detail
The American Bankers Association told the Federal Reserve on Monday that it supports a plan to migrate to a new ...
Tag: Faster payments
FSB Seeks Input on Data Frameworks Affecting Cross-Border Payments
As part of its ongoing effort to enhance cross-border payments, the Financial Stability Board is conducting a survey to collect ...
Kansas City Fed’s George Says FedNow to Be Ready in 2023
Esther George, president and CEO of the Federal Reserve Bank of Kansas City today announced that the FedNow payment system ...
TCH, EBA Clearing, Swift Partner for Faster Cross-Border Payments
With the backing of 11 large international banks, the Clearing House, EBA Clearing and Swift have collaborated in an effort ...
Fed Seeks Comment on Its Adoption of New Messaging Standard for Fedwire
The Federal Reserve is seeking public feedback on its adoption of the International Organization for Standardization’s 20022 message format for ...
ABA Opposes Some Proposed Changes to Fed’s Payment System Risk Policy
The American Bankers Association today expressed opposition to several proposed changes to the Federal Reserve’s payment system risk policy.
ABA Recommends to NACHA Not to Change Early Funds Availability Rules
The American Bankers Association last week urged NACHA not to change rules around financial institutions offering early funds availability due ...
Fed Proposes Changes to Reg J to Accommodate FedNow
The Federal Reserve today proposed to create a new subpart of Regulation J that would provide a “comprehensive set of ...
Fed Issues Proposal Aimed at Improving Intraday Liquidity Management
The Federal Reserve today asked for comments on proposed changes to its payments system risk policy that would expand access ...
Several Core Providers to Cover Cost for MDIs to Join RTP Network
The Clearing House, Jack Henry, FIS and Fiserv announced today that they will cover the cost for minority-owned depository institutions ...
