FedNow® Messaging and Returns- Understanding Timeframes, Returns, & ISO 20022 Messaging

On Demand Course

Instructor: Kevin Olsen

Duration: 1 HR

What You'll Learn

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.

Key ISO® 20022 message types (pacs, camt, pain, admi) and what they do
Return request workflows, timelines, and fraud reporting via camt.056 & pacs.004
How to handle rejections, payment status updates, and system acknowledgments
Best practices for reconciliation and account reporting
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.

Accreditations

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

Nacha has approved this course 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