WASHINGTON—CUNA will host a webinar today on the new FedNow service.
The webinar is free to CUNA members, the trade group said.
After years of development, FedNow—the new instant payment infrastructure developed by the Fed--is expected to go live in July.
The CUNA webinar will feature Joni Hopkins, vice president of customer relations at the Chicago Federal Reserve, who will discuss important planning questions for credit unions “as they embark on the FedNow Service journey,” according to CUNA.
Those questions include issues related to product planning, connecting with the service, participation types, settlement, and managing 24/7 operations such as fraud and risk mitigation.
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