Press Releases - FRBservices.org

This page contains press releases published by Federal Reserve Bank Services from 2013-2021. Skiptomaincontent Togglenavigation Search ApplicationSignIn FedLineWeb ReportingCentral ReservesCentral SurveyCentral TermDepositFacility ServiceStatus Contact Search ApplicationSignIn FedLineWeb ReportingCentral ReservesCentral SurveyCentral TermDepositFacility ServiceStatus Contact FinancialServices FinancialServicesHome Accounting AccountingServicesHome AccountManagementInformation DailyStatementofAccount DaylightOverdraftReports PremiumAccountingInformationServices StatementofServiceCharges 2022Fees BusinessContinuity Forms Resources ServiceSetup ACH FedACHProducts&ServicesHome FedACHExceptionResolutionService FedACHInformationFileService FedACHOrigination&Receipt FedACHRiskManagementServices FedACHSameDayService FedGlobalACHPayments FedPaymentsReporterServiceforFedACHServices 2022Fees BusinessContinuity Forms Resources ServiceSetup TestingOpportunities BundledSolutions BundledSolutionsHome FedComplete FedTransactionAnalyzer 2022Fees Resources Cash FedCashServicesHome Coin CoinAllocation CoinTerminalServices Currency FedCashServicesviatheFedLineWebSolution 2022Fees BusinessContinuity Forms Resources ServiceSetup Check CheckProducts&ServicesHome Check21-EnabledServices CheckAdjustmentsServices FedDetectDuplicateTreasuryCheckNotifierService FedForwardImageDepositServices FedImageandElectronicCheckServices FedPaymentsReporterServiceforCheckServices FedReceiptServices FedReturnServices ForeignandCanadianCheckServices Image-EnabledSavingsBondProcessing PaperCheckClearingServices 2022Fees BusinessContinuity Forms Resources ServiceSetup TestingOpportunities FedNowService FedNowServiceHome AboutFedNow BlogArticles FedNowCommunity IntheNews InstantPaymentsEducation PrepareforFedNow Research SignUpforFedNowEmails NationalSettlementService NationalSettlementServiceHome 2022Fees BusinessContinuity Forms Resources ServiceSetup Securities FedwireSecuritiesServiceHome JointCustodyService 2022Fees BusinessContinuity Forms Resources ServiceSetup TestingOpportunities Wires FedwireFundsServiceHome 2022Fees BusinessContinuity Forms Resources ServiceSetup TestingOpportunities CentralBank CentralBankHome LendingCentral(Off-site) ReportingCentral ReportingCentralHome ReportingCentralUserGuides BusinessContinuity Forms Resources ServiceSetup ReservesCentral ReservesCentralHome ExcessBalanceAccount TermDepositFacility BusinessContinuity Forms Resources ServiceSetup TreasuryServices TreasuryServicesHome CollateralServices SavingsBondsForFinancialInstitutions SavingsBondsNewsYouCanUse TreasuryACHReclamation TreasuryAuctions TreasuryCheckReclamation BusinessContinuity Forms Resources ServiceSetup FedlineSolutions FedLineSolutionsHome FedLineAdvantage FedLineCommand FedLineDirect FedLineWeb FedMail 2022Fees ApplicationandConnectivityTesting BusinessContinuity Forms Resources ServiceSetup Forms FormsHome Accounting ACH Cash CentralBank Check DistrictInformation FedLineSolutions NationalSettlementService Securities TreasuryServices Wires Resources CentralBank CentralBankResourcesHome FrequentlyAskedQuestions ReportingCentralResources SurveyCentralResources COVID-19 E-PaymentsRoutingDirectory FedLineSolutions FedLineSolutionsResourcesHome EndUserAuthorizationContact(EUAC)Support FedLineCommandEnvironmentandConfigurationChangeMatrix FedLineDirectFileEnvironmentandConfigurationChangeMatrix FedLineDirectMessageEnvironmentandConfigurationChangeMatrix FrequentlyAskedQuestions Fees FinancialServices Accounting ACH BundledSolutions Cash Check ForeignExchangeRates NationalSettlementService Securities Wires IndustryLinks ResourceCenters ResourceCentersHome AccountManagementInformationforSeven-DayAccountingResourceCenter BusinessBankingToolbox BusinessContinuity InternationalPayments RiskManagementToolbox SameDayACH SecurityandResiliencyAssuranceProgram Rules&Regulations RulesandRegulationsResourcesHome OperatingCirculars Regulations Service&AccessSetup ServiceandAccessSetupHome CurrentFinancialServicesCustomer FinancialInstitutionMerger NewFinancialServicesCustomer TreasuryServices TreasuryServicesResourcesHome CollateralServices FrequentlyAskedQuestions SavingsBondsforFinancialInstitutions TreasuryAuctions WheretoSendSecurityDeposits Education FederalReserveBankWebinars IndustryEvents Products&ServicesEducation News Communications EmailNotifications Fed360 PressReleases ResearchStudies About AboutFederalReserveBankServices FinancialServicesLeadershipTeam BankOffices HolidaySchedules News Communications EmailNotifications Fed360 PressReleases ResearchStudies Home News PressReleases PressReleases MediaContact IfyouareareporterwithaquestionaboutFederalReserveproductsorservices,[email protected](312)322-5322withyourquestionsanddeadline. 2022 FederalReservesurvey:Consumersdemandingfasterpaymentoptionstofittheirdigital,always-onlives May16 FedNowSMServicePilotProgramAchievesMessageDeliveryMilestone,WelcomesNewParticipants May02 Morethan70organizationsshowcaseinstantpaymentssolutionsforFedNowSMServiceimplementation March08 FederalReserveAnnouncesFedNowSMServicePricingApproach,CreditTransferLimit January27 2021 FederalReserveIssuesUpdatetoPaymentsStudy(Off-site) December22 FederalReserveBoardapprovesfeescheduleforFederalReserveBankpricedservices(Off-site) December02 FederalReserveLaunchesNewServicetoProvideAlertsonPotentialDuplicateCheckDeposits November15 FederalReserveLaunchesNewToolsandSupporttoAccelerateIndustryReadinessforInstantPayments October20 FederalReserveBoardannouncestheReserveBankswilladoptanewmessageformatfortheFedwire®FundsServiceandinvitespubliccommentonproposaltoexpediteadoption(Off-site) October04 FederalReserveSurvey:BusinessesIncreasinglyDemandFasterPaymentsthatMatchtheSpeedofDigitalCommerce August31 FederalReserveannouncesISO®20022specificationsforinitiallaunchofitsFedNowSMServiceforinstantpayments March31 FederalReserveupdatesFedNowSMServicelaunchto2023 February02 FederalReserveannouncesFedNowSMPilotProgramParticipants January25 2020 FederalReserveBoardapprovesfeescheduleforFederalReserveBankpricedservices(Off-site) November10 FederalReserveBoardpublishesdetailednoncashpaymentsdatafromthe2019FederalReservePaymentsStudy(Off-site) October29 FederalReserveannouncesFedNowSMPilotProgram October13 FederalReserveBoardamendsimplementationdateofmodificationstoReserveBankpaymentservicesandcorrespondingchangestothePolicyonPaymentSystemRisk(Off-site) September25 FederalReserveannouncesdetailsofnew24x7x365interbanksettlementservicewithclearingfunctionalitytosupportinstantpaymentsintheUnitedStates(Off-site) August06 FederalReserveBoardtomaintainthecurrentscheduleofpricesformostpaymentservicesthattheFederalReserveBanksprovidetodepositoryinstitutionsin2021(Off-site) July21 FederalReserveannouncesFedNowSMCommunity May06 FederalReserveBoardannouncestemporaryactionsaimedatincreasingtheavailabilityofintradaycreditextendedbyFederalReserveBanks(Off-site) April23 FederalReservetakesadditionalactionstoprovideupto$2.3trillioninloanstosupporttheeconomy(Off-site) April09 FederalReserveActionstoSupporttheFlowofCredittoHouseholdsandBusinesses(Off-site) March15 2019 FederalReserveapprovesmodificationstoNationalSettlementServiceandFedwire®FundsServicetosupportenhancementstothesame-dayautomatedclearinghouseservice(Off-site) December23 FederalReservepaymentsstudyfindsgrowthincardandautomatedclearinghousepayments(Off-site) December19 TheFederalReserveJoinstheU.S.FasterPaymentsCouncilasFoundingSponsor December05 FederalReserveBoardapprovesfeescheduleforFederalReserveBankpricedservices(Off-site) November27 FederalReserveBanksPauseFedwire®FundsService’sMigrationtoISO®20022MessagestoAssessIndustryRequest September23 FederalReserveNamesKenMontgomeryLeaderofNewlyAnnouncedFedNowSMServiceforReal-TimeGrossSettlementofFasterPayments August15 FederalReserveannouncesplantodevelopanewround-the-clockreal-timepaymentandsettlementservicetosupportfasterpayments(Off-site) August05 FederalReserverequestscommentonpotentialmodificationstooperatinghoursfortheReserveBanks'NationalSettlementServiceandFedwireFundsService(Off-site) May09 FederalReserveAnnouncesMembersofFraudDefinitionsWorkGroup March18 2018 FederalReservePaymentsStudySupplementshowsacceleratedelectronicpaymentsgrowth(Off-site) December20 PaymentsIndustryLeadersLaunchU.S.FasterPaymentsCouncil November13 FederalReserveBoardseekspubliccommentonpotentialactionstofacilitatereal-timeinterbanksettlementoffasterpayments(Off-site) October03 FederalReserveBoardinvitespubliccommentonproposaltoadoptISO20022messageformatforFedwireFundsService(Off-site) July05 FederalReserveBoardwelcomesreleaseofglobalstrategyforreducingwholesalepaymentsfraud(Off-site) May08 FederalReservetoStudyPaymentsFraudandSecurityVulnerabilities March29 FedPreparesforNextPhaseofPaymentsSecurityEffortasSecurePaymentsTaskForceConcludes March01 PaymentsFraudLossesRemainaProblemforFinancialInstitutions February06 2017 FederalReservePaymentsStudySupplementPointstoAcceleratedCreditCardUse December21 FederalReserveAppointsNewPaymentsSecurityStrategyLeader December08 FederalReserveAnnouncesISO20022MigrationTimelinefortheFedwire®FundsService October18 U.S.FasterPaymentsGovernanceFrameworkFormationTeamAnnounced October13 FederalReserveOutlinesNextStepsforPaymentSystemImprovement September06 FederalReserveNamesStrategyDirectortoLeadPaymentSystemImprovement August24 FederalReservePaymentsStudyHighlightsChangesinConsumerandBusinessPaymentChoice June30 FederalReserveBoardannouncesfinalamendmentstoRegulationCCandrequestspubliccommentonanadditionalproposedamendment(Off-site) May31 2016 FederalReservePaymentsStudyHighlightsStrongTrendsinCardUse December22 FederalReserveHighlightsProgressinEffortstoImproveU.S.PaymentSystem February02 2015 FederalReserveAnnouncesSixthTriennialStudytoExamineU.S.PaymentsUsage November05 FederalReserveBanksPraiseCommitmenttoSameDayACH September23 FederalReserveSystemAppointsPaymentsSecurityStrategyLeader(Off-site) September10 FederalReserveSystemAppointsFasterPaymentsStrategyLeader(Off-site) July30 FederalReserveAnnouncesSteeringCommitteesofNewPaymentsTaskForces(Off-site) July21 FederalReserveNamesPaymentsStrategyDirectortoLeadPaymentSystemImprovement(Off-site) May29 FederalReserveIssues“StrategiesforImprovingtheU.S.PaymentSystem”(Off-site) January26 2014 FederalReserveBoardapprovesfeescheduleforFederalReserveBankpricedservices(Off-site) November04 FederalReserveBanksCompleteFinalPhaseofResearchtoInformPaymentSystemImprovements September04 FederalReservePaymentsStudyProvidesFurtherDetailsonDomesticPayments July24 FederalReserveBankstoHostTownHallsonImprovingtheU.S.PaymentSystem May21 TheFederalReserve'sRetailPaymentsOfficeSupportsRenewedPursuitofSame–DayACHSettlement April07 KocherlakotatoChairFederalReserve'sFinancialServicesPolicyCommittee March03 FederalReserveBanksLaudIndustryResponsetoConsultationPaperandHighlightNextSteps February04 2013 FederalReservePaymentsStudyOffersExpandedViewofU.S.NoncashPaymentTrends December19 FederalReserveBankstoHostTownHallsonImprovingtheU.S.PaymentSystem October22 FederalReserveBanksSolicitInputonImprovingtheFutureU.S.PaymentSystem September10 FederalReserveannouncesissuedateofredesigned$100note(Off-site) April24 FederalReserveBanksAnnounceNewStudytoExamineNation’sPaymentsUsage January17 TopofPage