Federal Reserve Announces Diverse Lineup of Engagements at Smarter Faster Payments 2022

BY Business Wire | ECONOMIC | 04/27/22 02:00 PM EDT

CHICAGO--(BUSINESS WIRE)-- The Federal Reserve will have a significant presence at this year?s Nacha Smarter Faster Payments 2022 conference, May 1-4 in Nashville, Tenn., including an array of speaker and panel sessions and a larger booth footprint to showcase the FedNowSM Service, a new instant payments infrastructure coming in 2023.

Highlights of the Federal Reserve?s Nacha presence this year include:

  • Federal Reserve Town Hall, Monday, May 2 (1:05 p.m. CT). The Federal Reserve continues to be on the frontline of the evolution in payments. Hear senior leaders from across the Federal Reserve discuss top strategic priorities and industry trends impacting payments channels. Topics will include the FedNow Service, central bank digital currency and cross-border payments.
  • FedNow Service Provider Showcase: A lineup of 18 service providers are scheduled to speak at the Federal Reserve?s booth (701) on their solutions for implementing and innovating with the FedNow Service. The service providers are part of the Federal Reserve?s larger online showcase, available on FedNowExplorer.org. Sessions will be held:
    • Monday, May 2 at 9 - 10 a.m., 12 -1 p.m. and 3 - 4 p.m. CT
    • Tuesday, May 3 at 9 - 10:15 a.m. and 3 - 4 p.m. CT

Other Federal Reserve engagements include:

Monday, May 2

  • A Growing Menu: Comparing Cross-Border Payment Platforms(10 a.m. CT)
  • A New Frontier: Exploring Faster Payment Use Cases for Corporate Customers (10 a.m. CT)
  • The Payments Law Top 10: Common Payment Issues and Practical Suggestions on How to Avoid or Resolve Them (11:05 a.m. CT)
  • Your Questions Answered: Current Findings - Federal Reserve Payments Study (11:05 a.m. CT)

Tuesday, May 3

  • Central Bank Digital Currency: The Ultimate in Faster Payments? (4:05 p.m. CT)
  • Illuminating the Path to Mitigating Synthetic Identity Fraud (4:05 p.m. CT)

Wednesday, May 4

  • Spotlight Session: Faster Payments: How Far Are We from the Promised Land? (9:05 a.m. CT)
  • FedNow Fundamentals: Understanding the Service?s Features & How to Prepare (10:10 a.m. CT)
  • Consumer Payments in the Pandemic Year(s) (10:10 a.m. CT)

Media attending can also request time to connect with a senior Federal Reserve executive.

For more information, including a detailed agenda and media registration information, visit https://payments.nacha.org/.

Source: Federal Reserve

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