FedNow® Instant Payments Rules and Regulations

On Demand Course

Instructor: Kevin Olsen

Duration: 1 HR

What You'll Learn

Instant payments require instant preparedness. In this session, the Payments Professor breaks down how settlement, liquidity management, and reconciliation work within the FedNow® Service—highlighting what financial institutions must know to stay compliant and operationally ready in a 24x7x365 world.

You’ll learn:

How FedNow® settlement works and what roles correspondents and RTNs play
Liquidity management tools, including pacs.009 transfers and LMT limits
How to manage account balances under the Payment System Risk (PSR) policy
What FedNow® reports are available for daily reconciliation and audit prep
How to use ISO® 20022 messaging (like camt.054, camt.060, pacs.002) for real-time account management

If you're responsible for treasury operations, accounting, or risk in a FedNow® environment, this session will give you the tools to manage it all with confidence and clarity.

Accreditations

Nacha (National Automated Clearing House Association) -AAP/APRP

Nacha has approved this program as eligible for AAP or APRP Renewal Credit(s).

Requesting CE:
Upon completion of this course, please email creditrequest@nogginguru.com to obtain a CE certificate.

About the Author:

Kevin Olsen

Kevin Olsen is a certified AAP (Accredited ACH Professional), APRP (Accredited Payments Risk Professional), NCP (National Check Professional), as well as a certified NCP Instructor with additional computer network, database, and security settings. Over the past couple decades, Kevin has been involved with product creation, design, implementation, education, and consulting for multiple platforms within remote deposit capture, ACH, and faster payments. Kevin has worked with financial institutions of all sizes in multiple countries to create products services, departments, systems, teams, and results that help financial institutions become more productive, compliant, and secure.

On-Demand Course