Federal Reserve Financial Services
@FRBservices
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Official account for Federal Reserve Financial Services (FRFS). The #FederalReserve Banks provide financial services to depository institutions.
Chicago, IL
Joined June 2015
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Research from the
#Fed
reveals 86% of businesses and 74% of consumers used faster or
#instantpayments
in 2023. Find out more:
#FedNow
#payments
#paymentsindustry
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0
1
Three
#FederalReserve
presidents championed
#payments
modernization as part of the Fed’s mission to support payment system safety and efficiency. Read more:
#paymentsindustry
#banking
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0
0
The
#FederalReserve
Board’s proposal to expand the operating hours of the Fedwire® Funds Service and the National Settlement Service is open for comment:
#payments
#financialservices
#banking
#Fedwire
0
1
1
The speed and flexibility of the
#FedNow
® Service unlocks a world of
#instantpayment
possibilities. Discover the day-to-day use cases:
#payments
#banking
#FederalReserve
0
1
3
APIs can create seamless customer experiences and support business automation. Find out how one FedACH®
#API
pilot user employs them:
#payments
#financialservices
#ACH
#banking
0
3
3
Two risk management features from the
#Fed
for the
#FedNow
® Service will soon be available to service participants. Learn more:
#payments
#instantpayments
#banking
0
5
8
Stay up to date on our current check processes and procedures by taking one of our live, interactive
#webinars
. Register today:
#banking
#payments
#check
#financialservices
#FederalReserve
0
0
0
Industry leaders from
@Plaid
and
@ModernTreasury
discuss microdeposits and how the transaction is evolving with the help of
#instantpayments
:
#FedNow
#payments
#banking
0
2
1
The
#FedCash
® E-Manifest Service is now widely available. Watch this video about how it complements the strategy of one early adopter, Davis Bancorp, by bringing greater transparency and efficiency to the U.S.
#cash
supply chain:
#digitalization
#banking
1
2
3
Have questions or feedback as a
#FederalReserve
Financial Services customer? Start with our online resources – but it’s sometimes better to reach out to your customer relations rep. Meet one of these faces of the Fed:
#paymentsindustry
#financialservices
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0
2
Our new surveys found that use of
#digitalwallets
soared in 2023 — U.S. businesses and consumers increased their use by 31% and 32%, respectively, over the prior year. Discover more key findings:
#FedNow
#instantpayments
#banking
#payments
0
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0
Support your organization’s use of
#FederalReserve
Financial Services with these educational materials and online learning opportunities:
#financialservices
#banking
#education
0
0
0
The
#FederalReserve
Board is seeking industry input on a proposal to expand the operating hours of the
#Fedwire
® Funds Service and the National Settlement Service. For details:
#payments
#financialservices
#banking
#Fed
0
0
2
In our recent
#PioneersofNow
profile, Nate Parrish of First Citizens State Bank discusses why
#instantpayments
are a priority. Read more:
#payments
#banking
#communitybank
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External
#fraud
was ranked the top operational risk in 2023 by over 200 risk officers in a
#Fed
survey. Check out other findings:
#riskmanagement
#payments
#paymentsecurity
#banking
0
0
0
Leaders from across the industry are using the
#FedNow
® Service to spur innovation with
#instantpayments
. Learn more:
#payments
#banking
#FederalReserve
0
3
4
Gain a better understanding of how improved
#authentication
methods and education can help mitigate
#fraud
:
#fincrime
#payments
0
0
1
Bill pay, mobile wallet funding and defunding and immediate payroll are just a few ways U.S businesses and consumers want to leverage
#instantpayments
. Find out more in this research from the
#Fed
:
#banking
#payments
0
1
4
We’re excited to be at
@NachaOnline
Smarter Faster Payments 2024! Stop by our booth (500) to connect and mark your calendar for
#Fed
speaking sessions throughout the conference:
#Payments2024
#banking
#paymentsindustry
#financialservices
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Discover how Exception Resolution Service users can prepare for a new case type for non-receipt claims from the U.S. Treasury:
#ACH
#banking
#payments
#financialservices
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