Articles For Tag "federal reserve"

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  Regulation II has a direct bearing on your transaction costs and net interchange income. Changes may be coming!

  posted by Paul Waltz on Wednesday, June 16, 2021

  SHAZAM has long advocated for dual-routing requirements because they keep the playing field level and foster an environment where community financial institutions can compete and thrive. A message from Paul Waltz, SHAZAM president and CEO, about proposed changes to Reg II.

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  Federal Reserve's FedNow Service will offer faster payments solutions

  posted by Paul Waltz on Wednesday, November 13, 2019

  In August, the Federal Reserve announced it will develop a new round-the-clock real-time payment and gross settlement service. FedNow Service will enable financial institutions of every size to offer their accountholders a way to move money in real time between other people and businesses.

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  Developing an interoperable faster payments system

  posted by Kevin Christensen on Wednesday, February 13, 2019

  Faster payments is a critical issue facing community financial institutions. Establishing the Federal Reserve as an operator is a critical step in assuring nondiscriminatory access, resulting in ubiquitous interoperability within the payments system.

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  SHAZAM's Christensen named to U.S. Faster Payments Council leadership

  posted on Friday, January 18, 2019

  Kevin Christensen to serve as acting executive director and interim board chair of Faster Payments Council.