Instant Payments

ICBA Payments helps community banks prepare for Instant Payment solutions that are moving quickly in the marketplace.

We will continue to update our resources below. Check back for additional articles, tools, and webinars to help community banks understand the ins and outs of instant payments adoption, use cases, and FedNow launch preparation.

Download the FedNow Launch Webinar Series

This webinar series hosted by ICBA Payments features speakers from the Federal Reserve Financial Services and is designed to help you create a plan for the FedNow launch.

Part 1

Delay No More: Creating Your FedNow Plan

Covers steps community banks can take to prepare for the FedNow Service which will be launched in 2023.

Part 2

FedNow Features, A Deep Dive

Dive into product specification for the FedNow Service including important features and use case opportunities for community banks, including risk, fraud and Request for Payment (RFP.)

Part 3

Lessons Learned from Community Banks Implementing Instant Payments

Lessons learned and best practices from community bankers that have already started the process of implementing instant payments.

Part 4

Preparing for 2023 and Q&A with a Fed expert

Watch Dan Gonzalez, Vice President – Director, National Accounts Federal Reserve Financial Services, in a session dedicated to ensuring your FedNow Service questions are answered. Are there instant payments that you continue to be unclear about?

Part 5

Exploring Instant Payments Use Cases

Watch this interactive session exploring use case opportunities with instant payments including P2P, A2A, C2B, and B2C. Learn how instant payments can benefit different industries and verticals including entertainment, education, hospitality, lending, travel, healthcare, non-profits and more.

Community bankers will leave with more understanding and confidence around the benefits and opportunities that instant payments can offer to them as well as their business and consumer clients.

Part 6