Loading...

FedNow® Fundamentals: Instant Understanding of What It Is, How It Works, and Where It's Headed

FedNow® has officially arrived, reshaping the way payments move in the U.S. But what exactly is FedNow®, how does it work, and what do financial institutions need to know to stay compliant, manage risks, and serve their customers?

Beginner Friendly
Upcoming
Thursday, February 5th, 2026
1:30 pm - 3:00 pm
Presented by Kevin Olsen
1.2 APRP Credits
$299.00 or 1 Token

Includes: Live Access, 30 Days OnDemand Playback, Presenter Materials and Handouts

  • Transaction Compliance
  • Bank Secrecy Act Officer/BSA Specialist
  • Board Member
  • Branch Manager
  • Compliance Officer
  • Internal Auditor
  • New Accounts Representative
  • Risk Manager
  • Senior Management
  • Training Manager

Save on annual training costs with our Webinar Subscription Service and share webinars across your entire organization.

Become a subscriber

Learn about upcoming events, webinars and discounts.

Sign Up For Email Notifications

This session provides a full introduction to FedNow®, covering its purpose, mechanics, and main use cases. Attendees will learn how transactions flow through the network, how exceptions are processed, and what regulations apply (including Operating Circular 8, Regulation J, and the FedNow® Service Operating Procedures). We’ll also cover fraud and risk monitoring requirements, key compliance considerations, and how exception handling works in a real-time environment. Finally, the session will look ahead with a status update on FedNow® adoption and what financial institutions should expect in the coming years. Join the Payments Professor for this 90-minute session that delivers a clear, practical overview of FedNow® – perfect for staff, management, and leadership teams who want the big picture without diving too deep into technical details.

What You'll Learn

  • What FedNow® is and how it works.
  • Main use cases: P2P, bill pay, B2B, government disbursements, and more.
  • Key rules and regulations (Reg J, Operating Circular 8, FFedNow® SOPs).
  • Exception and error processing in a 24/7/365 environment.
  • Risk and fraud monitoring requirements every participant must know.
  • Current adoption status and what’s next for FedNow® in the U.S.

Who Should Attend

This session is ideal for bank and credit union staff, managers, and executives seeking a well-rounded understanding of FedNow®, from front-line operations to compliance, risk management, and strategic planning.

Kevin Olsen

Instructor Bio


Kevin Olsen is the Payments Professor bringing enthusiasm and motivation to presentations. Viewing the world as a classroom which is exemplified in the professor’s “edutainment” (when education is motivating, informative, and fun) style of training as he seeks to educate and inform all on the latest developments and trends in the fascinating world of electronic payments Kevin develops programs, presentations, and articles designed to orient and educate financial professionals on a multitude of electronic payment topics. Kevin is also a certified business coach helping lead organizations to innovate and communicate in the ever-changing world of payments, including building of payment strategies with a focus on product development and use cases for faster payments (RTP & FedNow).


Among his many certifications, Kevin is an Accredited ACH Professional (AAP), an Accredited Payments Risk Professional (APRP), an NCP (National Check Payments Certification) as well as an NCP Certified Trainer and a Certified High-Performance Coach (CHPC), and holds a masters in industrial organizational psychology from Liberty University.


Continuing Education Credit Information

FedNow® Fundamentals: Instant Understanding of What It Is, How It Works, and Where It's Headed has been approved for 1.2 APRP renewal credits by Nacha. Credits are redeemable for both Live and OnDemand viewing. For questions on certificates, please email support@oncourselearning.com. Certification holders must report these credits at Nacha.

Print this page