FedNow® Messaging and Returns- Understanding Timeframes, Returns, & ISO 20022 Messaging
About This Course
Ready to decode the language of faster payments? This session unpacks the critical ISO® 20022 messages that power FedNow® and RTP®—from credit transfers to return requests and everything in between.
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Key ISO® 20022 message types (pacs, camt, pain, admi) and what they do
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Return request workflows, timelines, and fraud reporting via camt.056 & pacs.004
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How to handle rejections, payment status updates, and system acknowledgments
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Best practices for reconciliation and account reporting
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The real-world impact of structured messaging on compliance and customer experience
If you're working with instant payments or just trying to make sense of messaging standards, this class is your playbook for smarter, faster payment operations.
*This program does NOT qualify, nor meet the National Standard for NASBA accreditation.
Your Instructor
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.
This course is covered under team memberships.
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