FOR BANKS & CREDIT UNIONS | 2026 EDITIONS
FedNow® and RTP® Risk Assessments, Matched to How You Actually Participate
Eight examiner-ready, auto-scoring risk assessments — one for each participation type on each network. Every risk item is prewritten with rule citations and suggested controls; your team just scores. Verified against the current FedNow Operating Procedures, Operating Circular 8, and the RTP Operating and Participation Rules.
Find Your EditionWhy a participation-specific assessment?
A receive-only credit union and a funding agent face completely different risks. Generic instant-payments templates make small institutions over-document and complex ones under-document. Each edition below covers exactly the obligations your participation type carries — nothing more, nothing less.
Prewritten & cited
Every risk item includes a description, citation to the governing rules, and suggested controls. No blank-page syndrome, no guessing what examiners expect.
Auto-scoring workbook
Score likelihood, impact, and control effectiveness — the protected Excel workbook calculates residual risk and builds the dashboard and executive report for you.
Board & exam ready
Heat-mapped domain summaries, completion tracking, and prior-year trending drop straight into your board packet or examination response.
FedNow® editions
Verified against FSOP v3.6 and Operating Circular 8 (April 1, 2026)
RTP® editions
Verified against the RTP Operating and Participation Rules (effective September 30, 2026)
Not sure which edition fits?
Match the edition to your participation agreement, not your ambitions:
- You only receive instant payments → Receive-Only edition for your network
- You originate payments but haven't enabled Request for Payment → Send & Receive
- You've enabled RFP/RfP → Send & Receive with RFP
- You settle or fund for other institutions → Correspondent (FedNow) or Funding Agent (RTP)
- You're on both networks → you need one edition per network; the domains and rule citations are network-specific
Still unsure? Email paymentsprofessor@gmail.com with your participation type and we'll point you to the right edition.
Instant download. Single-institution license.
Every edition includes the protected auto-scoring Excel workbook and a companion User Guide (PDF), delivered immediately after checkout. Want to go deeper? Pair any risk assessment with the FedNow or RTP certificate program from Payments Professor.
Compare the Editions AboveThese products are educational self-assessment tools provided by Payments Professor. They do not constitute legal, regulatory, or compliance advice, and completing them does not guarantee compliance or examination outcomes. FedNow® is a registered service mark of the Federal Reserve Banks. RTP® is a registered service mark of The Clearing House Payments Company L.L.C. Payments Professor is not affiliated with, sponsored by, or endorsed by the Federal Reserve or The Clearing House.
