Same Day ACH, RTP, or FedNow- Are They the Same or Different?
About This Course
Faster payments are here—but not all rails run the same! In this session, The Payments Professor breaks down the differences and similarities between Same Day ACH, FedNow®, and RTP®. You'll discover:
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Key features and use cases for each network
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How processing schedules, transaction limits, and settlement models compare
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Which systems support reversals, return requests, and fraud reporting—and how
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The rules and regs that govern each system, from Regulation E to Operating Circulars
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What banks and credit unions need to know about funding, reconciliation, and compliance
If you’ve ever wondered whether Same Day ACH, FedNow®, and RTP® are interchangeable—or how to choose the right rail for the right transaction—this class is for you.
*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.
See Team Memberships