Book Kevin
FedNow 101, The Basics of the FedNow Service, 2026 Edition

FedNow® 101: The Basics of the FedNow® Service

199 pages. Twenty classes. One instant payments rail, finally explained.

The flagship FedNow workbook takes you from "what is FedNow?" to confidently explaining participation types, settlement, and messaging to your own team. Three sections, a midterm, a final exam, and a graduation.

What you get:

  • Participants and payment flows, participation types, master accounts and settlement
  • Liquidity Management Transfers, cycle dates, and the timeout clock
  • ISO® 20022 basics in language a practitioner can use
  • The FedNow fraud toolkit, including participant negative lists and account activity thresholds
  • Current as of 2026, reflecting the $10,000,000 network transaction limit effective November 12, 2025

Instant PDF download. Yours to keep and print.

Copies for the whole institution? See PaymentsProfessor.com/licensing.

License and permitted use. This purchase is a single user license. It covers one named individual at one organization.

It does not cover posting the file to a shared drive, intranet, or learning management system; forwarding or emailing it to colleagues; printing it for distribution; or use by a second legal entity, subsidiary, or member institution.

Need it for a team? Five and ten user licenses are available for every title, and institutional licenses cover unlimited internal staff at one financial institution. See licensing and rates.