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Computer Services joins the FedNow pilot programme

Wednesday 2 June 2021 14:00 CET | News

Computer Services (CSI), a US-based provider of end-to-end fintech and regtech solutions, has announced its participation in the FedNow pilot programme to advance instant payments in the US.

The programme is designed to foster industry partnerships in development of the Federal Reserve’s new real-time payments service. As a member of the pilot program, CSI will take part in shaping the service’s features and functionality to ensure industry readiness.

CSI will support the development, testing, and adoption of the FedNow service. Prior to joining the pilot program, CSI participated in the Fed International Organization for Standardization 20022 working group, which was a precursor to the pilot programme.

CSI’s digital payment solutions provide financial institutions the tools required to deliver payment options to customers through the company’s digital banking platforms. The integrated payment solutions provide money movement for both consumer and business accounts.


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Keywords: FedNow, instant payments, online payments
Categories: Payments & Commerce
Companies:
Countries: United States
This article is part of category

Payments & Commerce






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