Official account for Federal Reserve Financial Services (FRFS). The #FederalReserve Banks provide financial services to depository institutions.

Joined June 2015
2,492 Photos and videos
The gig economy runs 24/7. With the FedNow Service, payroll can too. Learn how you can deliver: bit.ly/4xmuJeB
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FedDetect Anomaly Notification for FedACH® Services supplements your fraud detection and alerting tools: bit.ly/4ueFxZA. Sign-up is easy and free for FedACH participants!
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Don't wait for the storm. Financial institutions can take several actions now to prepare for potential disruptions due to natural disasters: 1. Update and verify critical contact information 2. Review business continuity resources 3. Test contingency backups 4. Train staff regularly Find a detailed breakdown of the steps to prepare: bit.ly/49Nbwsl
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Let the fireworks fly. The FedNow® Service welcomed its 1776th participant! Congratulations and happy early birthday USA.
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Ready, set, go. Learn how one credit union hit the ground running and onboarded to the FedNow® Service in record-breaking time: bit.ly/4uRqiqB
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Just seconds after an instant payment is sent over the FedNow® Service, the recipient can access the funds. But how exactly does it work? This video gives you a step-by-step view: bit.ly/49CUugq
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Help mitigate your institution’s fraud risk with FedDetect Anomaly Notification for FedACH® Services: bit.ly/4ueFxZA. Sign up for timely notifications when anomalies are detected, allowing you to quickly take action and improve overall efficiencies.
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In times of crisis, immediate access to funds can make a significant difference to businesses and individuals. With the FedNow® Service, insurers can partner with financial institutions and service providers to pay policyholders instantly once a claim is approved: bit.ly/43a77Mo
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Check out where you can hear about instant payments, fraud mitigation tactics and more with Fed speakers in June: FinOpsX - June 2 • Nikkia Young Insurtech Insights - June 3 • Bernadette Ksepka Improve 2026 - June 4 • Staci Shatsoff Finastra Annual Payments Business Forum - June 4 • Blake McDaniel NACM Credit Congress & Expo - June 5 • Kristina Wickersham Nacha Remote Connect - June 9 • Kathleen Davis Directions 2026 - June 11 • Chris Schnieper 2026 Connect Conference - June 24 • Dan Gonzalez Reuters: The Future of Insurance 2026 - June 25 • Erik Van Bramer NAMIC Claims Conference - June 26 • Tim Boike
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Visit the Industry Stories hub to stay up to date on some of the latest features that illustrate the possibilities of the FedNow® Service: bit.ly/4vywmEU
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Real estate moves fast. Your payments should too. The FedNow® Service makes escrow payments instant — minimizing delays and maximizing transparency. Learn about the benefits of this always-on solution: bit.ly/4nSyLXL
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Reports of check fraud are increasing. In a new survey, 32% of financial institution risk officers said counterfeit check fraud was going up, 21% said the same for check washing, and 18% are seeing more payee forgery: bit.ly/3RNWwnP
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The future of auto loans is instant. With the FedNow® Service, financial institutions can compete for loans 24x7x365 and pay dealerships in seconds. Learn more: bit.ly/4dWP6Hr
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Do we have your institution’s most up-to-date information on file? Contact your relationship manager or the Support Center to check – doing so could prevent a future disruption in service! frbservices.org/news/fed360/…
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Just released! New Account Takeover Fraud Mitigation Toolkit and substantial additions to the Scams Mitigation Toolkit and Check Fraud Mitigation Toolkit. Educate yourself to better identify and combat fraud and scams in an ever-changing landscape. See the new resources: bit.ly/49bYrsm
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The new FedNow® Service network intelligence API is live! Learn how this tool gives participating financial institutions more information — and confidence — when sending an instant payment: bit.ly/49nxS3l
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Federal Reserve Financial Services retweeted
Financial institutions are reporting rising fraud trends across all major payment channels, according to a new survey of risk professionals. Debit card fraud was the most widespread, while check fraud and account takeover fraud grew. Explore more findings: bit.ly/4djBdSn
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In the latest episode of the @csuitepodcast recorded at @NachaOnline Smarter Faster #Payments2026, the Fed’s Nick Stanescu shares insights on: • How new FedNow® Service features like the network intelligence API are helping institutions strengthen fraud management • Common misconceptions about instant payments • Prominent use cases from earned wage access to instant insurance payouts, auto loans and even federal emergency disbursements Tune into the full episode here: bit.ly/4d42Ks7
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Just released: Explore the payment habits of U.S. consumers and the role of cash in the economy in the 2026 Diary of Consumer Payment Choice. Find the full report: bit.ly/49J0gwX
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For Bank Independent, implementing instant payments early on was a key strategic initiative. Discover how cross-functional collaboration helped the community bank see early success on the FedNow® Service: bit.ly/4bBEnjk
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