Finance & markets · 16/05/2019
Federal Reserve Requests Comments on Modifications to Payment Services to Support Same-Day ACH Enhancements
The Federal Reserve Board is seeking public input on proposed changes to its payment services, including extended operating hours for the National Settlement Service and Fedwire Funds Service, to support the adoption of a later same-day Automated Clearing House (ACH) processing window and corresponding policy updates on payment system risk.