2021-01-26 05:38:49 ACIW ACI Worldwide
01/26/21 01/2605:38 01/26/2105:38 | ACI Worldwide selected by Federal Reserve Banks for FedNow Service pilot programACI Worldwide announced that it has been selected by the Federal Reserve Banks to participate in the pilot program for its upcoming FedNow Service, a new payments service. The program will support development, testing and adoption of the new service. The FedNow Pilot Program will enable thousands of financial institutions across the U.S. to provide secure real-time payment services to consumers and businesses. ACI Worldwide will help shape the FedNow Service's features and functions, provide input into the overall user experience, ensure readiness for testing and be the first to experience the FedNow Service before its general availability. In the initial advisory phase, participant input will help to further define the service and adoption roadmap, industry readiness approaches and overall real-time payments strategy. | |
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