U.S. Brings Closer Implementation Deadlines For Extended Fedwire, NSS Service

The implementation date for the Federal Reserve's payment service modifications and related changes to the Federal Reserve Policy on Payment System Risk has been expedited by two weeks to facilitate adoption of a later same-day automated clearinghouse processing and settlement window. The modifications will take place on March 8, 2021, instead of the originally planned March 19, 2021.

To read the full article, request a trial and we will be in touch

This is one of thousands of articles in our archive. Experience the power of expert insights and analysis with a VIXIO PaymentsCompliance subscription. Click here for a free trial.

Find out more

Our Key Benefits

PaymentsCompliance covers current issues that directly impact you, giving you insight into how to respond to SCA, AML, Crypto and PSD2 and many more key developments in the payments industry.

We continually monitor and analyse the market for updates to regulation, reducing the amount of time and money you spend monitoring and analysing regulatory environments across different jurisdictions. Our insights and analysis also simplify complex issues so that you can be proactive and agile in your planning, making more informed decisions without delays.

Find out more

PaymentsCompliance is a scalable solution that can adapt to the needs of your business. It’s comprised of 4 components:

INSIGHTS: Our dedicated in-house editorial and regulatory intelligence teams provide deep domain expertise on the latest regulatory news and emerging issues, providing the most accurate, thorough and reliable information. Always know what’s coming round the corner.
HORIZON SCANNING: Provides you with instant access to a comprehensive, personalised and real-time feed of regulatory content, sourced daily from regulatory bodies across multiple jurisdictions.
GUIDES: Divided into Country Reports and Practical guides, this content consist of featured research papers aimed at providing guidance on the regulatory environment impacting the payments industry.
TRACKERS: Expertly curated portals covering the most important developments in the payments industry, trackers record the implementation of cross-border regulation across member states and access related industry news and regulatory commentary.