FEDNOW® & RTP® RISK ASSESSMENTS
Examiner-ready. Auto-scoring.
Exactly your risk profile.
Eight editions — one for every way a bank or credit union participates in instant payments. Prewritten, rule-cited, and ready to score the day you download.
Find Your Edition
8
editions, matched to your exact participation type
560+
prewritten, rule-cited risk items across the family
2026
verified against the current FSOP, OC8, and RTP Rules
60 sec
from checkout to files in hand — no subscription
Your examiner will ask for it.
Hand them something defensible.
Regulators expect a documented, current risk assessment for every payment channel you operate — and generic templates don't survive scrutiny. Every item in these assessments cites the actual governing rule, so every score your team enters can be traced, explained, and defended.
Why institutions choose these assessments
Built by the Payments Professor
From the educator banks and credit unions already rely on for FedNow® and RTP® training — not a generic template mill.
Cited to the letter
Every risk item references the governing rule — FSOP v3.6, Operating Circular 8, or the RTP Operating and Participation Rules — so nothing reads as boilerplate.
It scores itself
Your team enters three ratings per item. The residual risk, heat-mapped dashboard, and board-ready executive report build themselves.
Matched to your role
A receive-only credit union and a funding agent face different risks. Each edition covers your actual obligations — nothing missing, nothing padded.
A fraction of the alternative
Consultant-built assessments run thousands of dollars and weeks of back-and-forth. This is one fixed price, ready today.
Instant and repeatable
Download in seconds, re-download anytime, and repeat the assessment each year — the built-in changelog documents the version you used.
WHAT CUSTOMERS SAY
“An absolute game-changer”
“Working with the Payments Professor during our Risk Assessment process was an absolute game-changer. From start to finish, he was incredibly helpful, always making himself available to answer our questions or provide clear, actionable guidance whenever we needed it.
What truly sets the Payments Professor apart is his deep industry expertise and dedication. He didn’t just give us a generic template; he took the time to build a risk assessment tailored specifically to the unique needs of Corporate Credit Unions and settlement-only correspondents. Additionally, his knowledge of Faster Payments is second to none — he truly knows his facts inside and out and has definitely earned the title of ‘The Payments Professor.’
If you are looking for someone who combines prompt, reliable support with specialized industry knowledge, the Payments Professor is the ultimate partner.”
Kristen Geiger
Millennium Corporate Credit Union
Compare all eight assessments
Each edition is matched to a specific participation type. Find your row, see the price, and download in minutes.
| Edition | Network | Best for | Price | |
|---|---|---|---|---|
| FedNow® Service | ||||
| Receive-Only | FedNow | Only receive instant payments | $799 | View |
| Send & Receive (No RFP) | FedNow | Send & receive, no RFP | $899 | View |
| Send & Receive with RFP | FedNow | Send & receive, incl. RFP | $999 | View |
| Correspondent & Settlement-Only | FedNow | Correspondents & settlement agents | $1,199 | View |
| RTP® Network | ||||
| Receive-Only | RTP | Receive only on RTP | $799 | View |
| Send & Receive | RTP | Send & receive on RTP | $899 | View |
| Send & Receive with RfP | RTP | Send & receive, incl. RfP | $999 | View |
| Funding Agent / Funding Manager | RTP | Funding agents & managers | $1,199 | View |
Already enrolled in a FedNow® or RTP® certificate course? Add the matching assessment for 50% off — $249.50.
THE FEDERAL RESERVE NETWORK
FedNow® editions
Verified against FSOP v3.6 and Operating Circular 8 (April 1, 2026)
THE CLEARING HOUSE NETWORK
RTP® editions
Verified against the RTP Operating and Participation Rules (effective September 30, 2026)
Weeks of staff time,
or one afternoon.
Building a payments risk assessment from scratch means researching the rules, drafting every risk item, inventing a scoring model, and formatting something a board can read. Here, that work is already done and verified — your team goes straight to the part only they can do: scoring your institution's actual controls.
See the EditionsNot 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 kevin@paymentsprofessor.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 — risk assessment customers save 50%.
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.
Free Downloads
Not ready to choose an assessment yet?
Start with two free, one-page resources: prepare with the FedNow® & RTP® Readiness Checklist, then lock down fraud with the Faster Payments Fraud Playbook.
