Industry Trends

Current Initiatives and Pilot Programs

FedNow Pilot Program

ECS is one of the vendors identified and selected by the Federal Reserve, for its pilot program whereby early adopters of its Real-time payments customers can utilize the payment processing modules created by ECS and connectivity services between ECS datacenters and the Federal Reserve Bank.

ECS is also a certified partner of the Federal Reserve Bank for banks to safely engage its real-time payment services.

ECS is now taking requests from banks that would like to be part of the second wave of FedNow adoption program. For further information, please contact ECS at info@ecsfin.com or your Federal Reserve Bank customer relationship manager.