FedNow Risk Assessments: What You Should Know
Insights from Key Documents: Explore detailed guidance from the FedNow® Service Operating Procedures, Regulation J, and Operating Circular 8, providing a solid foundation for your risk management strategies
Risk Identification and Prioritization: Learn to pinpoint and rank potential risks associated with technology, operations, and compliance within the real-time payment’s ecosystem.
Mitigation and Compliance Strategies: Discover actionable strategies to mitigate identified risks, ensuring adherence to anti-money laundering (AML) standards, sanctions compliance, and more, as outlined in the critical regulatory documents.
Operational Excellence: Unpack operational readiness essentials for sustaining efficiency and reliability in peak and unexpected transaction volumes, backed by insights from the FedNow® Service Operating Procedures.
Security and Fraud Prevention: Gain expertise in implementing robust security protocols and fraud detection mechanisms vital for protecting the FedNow® Service against cyber threats.