The FedNow® Network
About This Course
In this class you’ll get a fast, fun, and insightful crash course on the FedNow® Service—America’s new instant payment rail from the Federal Reserve. You’ll learn how it works, who’s involved, and what makes it different from RTP®. From sender to settlement, we’ll walk through a FedNow® transaction step-by-step, explore key features like irrevocability and real-time clearing, and break down exciting use cases—from instant payroll to request-for-payment-enabled bill pay. You’ll also discover how FedNow® benefits financial institutions, businesses, and consumers alike, while addressing technology requirements, compliance considerations, and liquidity needs. Whether you’re a banker, treasury pro, or just payments-curious, this session equips you with the knowledge to understand—and even begin to implement—FedNow® with confidence.
Interested in learning all about channel payment types? Check out our Channel Payments certification and save 55%!
*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