NAFCU, Fed talk faster payments system
NAFCU President and CEO Dan Berger and Federal Reserve Gov. Lael Brainard discussed Tuesday the Fed's efforts to improve real-time payments and the association's encouragement to the Fed to play an operational role in a future, faster payments system. This topic will be discussed in much more detail today at the inaugural FedPayments Improvement Community Forum in Chicago, which NAFCU will attend.
As the Federal Reserve seeks to update the payments system, NAFCU has ensured that the credit union perspective on any advancements is taken into account. NAFCU has served on both the Fed's Faster Payments and Secure Payments Task Forces, which were formed as a part of the Fed's "Strategies for Improving the U.S. Payment System," since their inception in 2015. Now that the task forces have concluded, NAFCU is a member of the FedPayments Improvement Community.
NAFCU Regulatory Affairs Counsel Andrew Morris will attend today's forum. The sessions will feature various Fed officials as well as representatives from retailers and financial institutions, and attendees will collaborate and provide feedback on the latest payment system improvement initiatives.
NAFCU continues to be in constant communication with the Fed regarding its work to make the payments system faster and more secure; the association met last week with Fed staff to discuss the strategy for achieving more secure payments. NAFCU has also urged the Fed to stay away from a "one size fits all" approach to the payment system's future. It will continue to represent the credit union industry's best interests in this process.
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Liquidity Considerations in Light of Silicon Valley Bank
Add to Calendar 2023-03-09 14:00:00 2023-03-09 14:00:00 ALM Guidance to Inform Big Decisions Decision-makers are grappling with the interdependencies between cost of and access to liquidity, rapid changes in interest rate risk profiles, the cost of growth, and realigning typical KPIs with today’s realities. During this webinar, ALM Guidance to Inform Big Decisions, you will have the opportunity to explore how to elevate your decision insights through the use of ALM intelligence. Done well, this helps address these issues head-on while effectively navigating uncertainties and opportunities as they continue to unfold. Key Takeaways Identify and communicate potential conflicts with traditional KPIs Examine three (3) major questions when addressing liquidity Communicate potential future effective cost of funds as pricing decisions are being made Learn to look up and down, including twists and turns Purchase Now$295 Members | $395 Nonmembers (Additional $50 for USB)One registration gives your entire team access to the live webinar and on-demand recording until March 9, 2024.Go to the Online Training Center to access the webinar after purchase » Who Should Attend CFOs Senior finance titles NCRMs, risk titles Compliance, BSA and risk titles Education Credits NCRMs will receive 1.0 CEUs for participating in this webinar CPA credit information is below; recommended 1.0 CPE credits. CPA Certification Credit Information Reviewer: Josie Collins, Senior Associate Director of Education, NAFCU Learning Objectives: See key takeaways Program Level: Basic Prerequisites Needed: None Advance Preparation Needed: None Delivery Method: Group Internet-Based Recommended CPE Credits: 1.0 credits Recommended Field of Study: Finance – Technical About Our Webinars Our webinars are streamed live from NAFCU headquarters near Washington, DC. Your audio/video feed of the presenters includes presentation slides and downloadable handouts. You can easily submit your questions to the presenters at any time during the live broadcast, with no dialing over the phone! The audio and video stream directly through your computer. Web NAFCU firstname.lastname@example.org America/New_York public
ALM Guidance to Inform Big Decisions
Credits: NCRM, CPE
Liquidity: As Explained Through Black History
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