Federal Reserve Financial Services (@FRBservices) / X

Federal Reserve Financial Services

2,993 posts

Federal Reserve Financial Services

@FRBservices

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

Chicago, IL

Joined June 2015

Federal Reserve Financial Services
@FRBservices
11h
From interviews with payment executives to spotlights on cutting-edge use cases, 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
Federal Reserve Financial Services
@FRBservices
Jul 15
Instant payments are transforming how financial institutions serve their customers and members. Want to see how? Join our July 22 town hall, where Texas Capital Bank and Credit Union of Colorado will share their instant payment strategies — from encouraging business customer
Federal Reserve Financial Services
@FRBservices
Jul 14
The numbers speak for themselves – the FedNow® Service is scaling at a remarkable pace. Financial institutions are sending, volume is surging and innovation is thriving. Don’t miss the moment – join the fastest-growing instant payments network today: bit.ly/4ybMjlZ
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Federal Reserve Financial Services
@FRBservices
Jul 10
Before today’s cash processing equipment existed, operations were carried out by hand. Return to the 1920s in these archival photographs of Federal Reserve cash offices: bit.ly/3Ne1EQp
Federal Reserve Financial Services
@FRBservices
Jul 9
Over 1,800 participants, 80%+ quarterly volume growth and constant innovation. These are just a few of the FedNow® Service milestones we’re celebrating at the three-year mark. If you’re not on the network, what are you waiting for? The time is now: bit.ly/4ybMjlZ
Federal Reserve Financial Services
@FRBservices
Jul 8
Hear Texas Capital and Credit Union of Colorado share how they’re advancing instant payments with the FedNow® Service — from business customer improvements to stronger member experience. Register now for our July 22 town hall! bit.ly/4b4IrJk
Federal Reserve Financial Services
@FRBservices
Jul 7
The latest findings from the 2026 Diary of Consumer Payment Choice show Americans' payment habits remain stable: • Consumers made an average of 47 payments per month in 2025, consistent with 2024 levels • Debit and credit cards accounted for two-thirds of all payments made by
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Federal Reserve Financial Services
@FRBservices
Jul 6
Volume is surging on the FedNow® Service — 80%+ growth in Q2 alone! Driven by more senders, new and expanding use cases and climbing participation, instant payments are thriving. Don’t miss out — be a part of this incredible momentum: frbservices.org/resources/fina…
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Federal Reserve Financial Services
@FRBservices
Jul 2
Follow a day in the life of an instant payment and discover the positive impact these innovative payments can have on the lives of people and businesses: bit.ly/3V1InlL
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Federal Reserve Financial Services
@FRBservices
Jul 1
Gone are the days when typos exposed phishing scams; today's fraudsters operate with cross-channel coordination, perfect impersonation, and psychological precision that's evolving this decades-old threat into one financial institutions must defend with equally dynamic tactics:
Federal Reserve Financial Services
@FRBservices
Jun 30
The FedNow® Service is three years in and thriving! Together, we’ve built strong momentum and are accelerating instant payments toward the mainstream. Our chief FedNow executive gives an update on growth, enhancements and what’s next: bit.ly/4466rIj
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Federal Reserve Financial Services
@FRBservices
Jun 29
Find out which payment methods U.S. consumers used most frequently last year in the 2026 Diary of Consumer Payment Choice: bit.ly/49J0gwX
Federal Reserve Financial Services
@FRBservices
Jun 24
We connected with payments leaders this spring at Nacha Smarter Faster Payments, ICBA LIVE & ACU GAC. Conversations focused on instant payment adoption, fraud mitigation, ISO® 20022 standards and building a faster, more secure payments ecosystem. More of what we heard:
Federal Reserve Financial Services
@FRBservices
Jun 23
Get an inside look at how the FedNow® Service is fueling instant payment innovation. On July 22 at 2 p.m. ET, Texas Capital Bank and Credit Union of Colorado will share real world lessons and customer engagement strategies that have helped take instant payments to the next level