Payments

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.

Instant or Mobile Payments

Ramping Up for the FedNow
Launch Webinar Series


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

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

Part Two will 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 Three will share lessons learned and best practices from community bankers that have already started the process of implementing instant payments.

Part Four of our FedNow webinar series, join 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 Five of the FedNow webinar series, join 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 Six will discuss the onboarding process for the FedNow Service and include a live demonstration, to help community bankers gain confidence in their instant payments journey.

Do you know how instant payments varies across different payment types and how it fits into the evolving payments market? Don’t miss out on an opportunity to get your questions answered and leave more confident in your knowledge of the FedNow Service as we look to 2023 – the FedNow launch year.

Next Steps Webinar Square Series

Next Steps on Your Instant Payments Journey Webinar Series

Increasing adoption/volume/use cases on the RTP network, the upcoming launch of the FedNow℠ Service, and customer demand are all fueling the need for community banks to ensure they have a plan and roadmap for implementing instant payments. Recorded Nov. 2-17, 2021.

In Part 1 of our webinar series on instant payments, we hear from Keith Gray, Vice President of Strategic Partnerships with The Clearing House.

In Part 2 of our webinar series on instant payments, we hear from Connie Theien, Senior Vice President and Director, Payments Industry Relations with the Federal Reserve System.

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