Westside State Bank Launches New FedNow Service for Instant Payments Through SHAZAM
As a FedNow® pilot participant, Westside State Bank, a community bank in Iowa, is one of the first financial institutions in the U.S. to implement the Federal Reserve’s new FedNowService for instant payments and utilizing Bankers’ Bank for settlement services.
Bankers’ Bank Funding Agent Connects to the API Gateway for the RTP® Network
Bankers’ Bank, a correspondent bank that specializes in providing banking products to community banks, is live with its Funding Agent Smart Liquidity℠ module.
Westside State Bank Connects to the RTP® Network, TCH’s Real-Time Payments System
SHAZAM is providing the technical connectivity and Bankers’ Bank is providing funding agent capabilities to Westside State Bank so it can bring real-time payments to its customers through the RTP® network.
The Federal Reserve Bank Advances Future-Focused Payments Efforts
With the ever-increasing pace of technological change and the resulting rise in customer expectations, financial institutions are finding new ways to make next generation technologies and future-proofed products fit their payments strategies.
Bankers’ Bank Hosts Payments Strategy Webinar – Recording Available
Recap of Bankers’ Bank’s strategy webinar.