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US Federal Reserve·· 2 hours agoAI score52

Federal Reserve announces 2027 pricing for payment services and adjusts check processing services

Federal Reserve Board announces pricing, effective January 1, 2027, for payment services the Federal Reserve Banks provide to banks and credit unions, and changes to streamline and adjust their check services

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Federal Reserve Board announced that, effective January 1, 2027, Federal Reserve Banks will adjust the pricing of check clearing, ACH, instant payments, and wholesale payment and settlement services provided to banks and credit unions, with average prices for mature services expected to increase by 1.4%.

Source:US Federal Reserve · federalreserve.gov