FedNow is live…
now what?

FedNow is officially live. With the launch comes the potential for financial institutions to expand and provide different products and services that they are just touching on today. 

Brian Keefe from NICE Actimize joins us to tell us more about how FedNow can be safe and efficient, all while allowing for a wider range of innovative instant payment services in the near future.

A few takeaways from the conversation:

• FedNow provides small and mid-sized financial institutions with advantages, not the least of which is the potential for increased customer satisfaction.
• FedNow can also come with challenges, especially for institutions that are still utilizing antiquated, legacy systems.
• In addition, security and fraud prevention play a key role in implementation and adoption. Building a behavioral-based fraud prevention solution is an important consideration.