FedNow Onboarding Tips for FIs Working With Service Providers
When financial institutions consider signing up for the FedNow® Service, many wonder what their onboarding experience will be like. Will it take a long time? Are the steps complicated? Will anyone be available to help?
Most financial institutions choose to connect to the FedNow Service using a certified service provider. Service providers streamline the onboarding process by handling key technical requirements, such as the message certification process, making it easier for financial institutions to sign on and begin sending instant payments.
Click Read More below to access the complete article on FedNow Explorer to understand the roles of financial institutions using a service provider during the onboarding process and how to avoid delays.
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| Topic | |
| Delivery Type | - Articles / Editorial
- Partner / Industry Resources
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| Role | - Back Office Operations
- Compliance, Risk Incident Management
- Executive Leader
- Frontline Operations
- Payments Support
- Strategist / Thought Leader
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| Organization Type | - Challenger / Neo Bank
- Financial Institution
- Software & Service Provider / FinTech
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| Knowledge Level | - Advanced
- Beginner
- Intermediate
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| News Details Button URL | https://explore.fednow.org/explore-the-city?id=3&building=news-center&card=event-calendar&eventId=36&postId=79&postTitle=fednow-service-onboarding:-what-financial-institutions-working-with-service-providers-need-to-know |