Your Gateway to the FedNow© Service
End-to-end connection to the Federal Reserve’s instant payments platform through Catalyst
Now, with the Federal Reserve’s FedNow Service, credit unions of every size can conduct 24/7/365 instant payment services that are safe and efficient. All you need to get started is a trusted partner with a smart solution.
That's where we come in.
Catalyst benefits:
- Connectivity to any core, online or mobile banking platform
- Flexible settlement through Catalyst or your Fed account
- Dedicated planning, implementation and ongoing support
- Unified experience for you and your members
- Easy reconciliation and research through a dedicated sub-account for FedNow transactions
- Greater interest earnings with Catalyst's extended hours to settle funds same day (11:30 p.m. CT vs. Fed's 6 p.m. CT)Instant access to funds with simultaneous posting of settlement/core transactions
- 24/7 liquidity management from line of credit
- Connectivity to The Clearing House RTP® Network and Moli P2P mobile app