CUNA to host webinar on Fed faster payments

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CUNA will host a complimentary webinar on the Federal Reserve’s development of faster payments, scheduled for this Wednesday, Nov. 28, at 12 p.m.

The webinar will discuss the Federal Reserve’s recent request for comment on two possible actions to develop faster payments in the U.S.

Those two possible actions are:

  • the development of a service for real-time interbank settlement of faster payments 24 hours a day, seven days a week, 365 days a year; and
  • the creation of a liquidity management tool that would enable transfers between Federal Reserve accounts to support services for real-time interbank settlement of faster payments.

Jason Lance Noggle, senior director advocacy for payments & cybersecurity at CUNA, will lead the presentation. Noggle will explore the specific credit union impact from the Fed’s actions; what options might exist without Fed actions; and how credit unions can provide meaningful comments to the Fed.

To learn more or to register, visit CUNA’s website.


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