Loading...

FedNow® Settlement, Liquidity, and Reconciliation Essentials

Unravel the workings of FedNow® for real-time settlement and efficient liquidity management. Equip your financial institution to maximize benefits and streamline operations.

Upcoming
Tuesday, June 4th, 2024
10:00 am - 11:00 am
Presented by Kevin Olsen
$299.00 or 1 Token

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

  • Auditing
  • BSA
  • Compliance
  • Deposit
  • Transaction Compliance
  • Bank Legal Counsel
  • Bank Secrecy Act Officer/BSA Specialist
  • Branch Manager
  • Compliance Officer
  • Internal Auditor
  • Risk Manager
  • Training Manager
  • Trainer

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

The advent of FedNow® is set to redefine the payment landscape with instantaneous settlements and unparalleled liquidity management capabilities. But with these advancements comes the critical responsibility for financial institutions to adeptly manage their liquidity at the Fed level within master accounts. This webinar endeavors to shed light on the intricacies of settlement, liquidity, and reconciliation under the FedNow® service. We will deep-dive into available options and operational best practices to empower your institution in offering enhanced services to account holders. Join the Payments Professor to learn everything from how liquidity management works to how to make it work for you.

What You'll Learn

  • Overview of the FedNow® service, settlement, liquidity management
  • Techniques to manage liquidity within master accounts at the Fed level
  • Best practices for reconciliation in the era of instantaneous settlements
  • Addressing challenges and mitigating risks associated with real-time payment systems 

Who Should Attend

This session is pivotal for banking and credit union professionals focusing on payment settlements, liquidity, and reconciliation in the FedNow® landscape. Especially recommended for: Operations Managers, Accounting personnel, Digital Strategy professionals, Innovation and Product Development Teams, and Training and Development Departments.


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.