Payments Services


Real-time payments are designed to be faster, and safer too.  The system will analyze data at the network level, looking for potential fraudulent behavior (e.g. to detect anomalous send/receive activity; excessive complaints). 

In addition, financial institutions will be required to have real-time security controls, tiered to the level of participation in the system.  

As the potential for fraud increases, so do the required standards and risk controls:

     Financial institutions that: 
  • Provide support for third-party payment services
  • Support request for payments
  • Send and receive payments
  • Have the capability to receive real-time payments

 Playbook Thumbnail

Everything you want to know about
Real-time Payments is in this Playbook.  

Download PDF