Federal Reserve appoints Kim Robbins to lead payments
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On October 12, 2026, Payments Dive reported that the Federal Reserve’s Financial Services division appointed Kim Robbins as its new head of payments, succeeding Mark Gould, who is set to retire. Robbins has nearly 20 years of experience working at the Federal Reserve and will assume the role on November 16. She will oversee FedNow, as well as retail, wholesale, and securities services for financial institutions. As of the month of publication, FedNow had attracted more than 1,900 U.S. banks and credit unions; the report also said that approximately 8,500 U.S. financial institutions were eligible. FedNow is open only to U.S. financial institutions, and payments can be completed within seconds or minutes.
AI-written from reports · updated 7 days ago
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- Payments DiveFederal Reserve appoints Kim Robbins as new head of payments, succeeding retiring Mark Gould
The Federal Reserve’s financial services division has appointed Kim Robbins, who has nearly 20 years of experience at the Federal Reserve, as its new head of payments, succeeding retiring Mark Gould. She will take office on Nov. 16. She will oversee FedNow as well as retail, wholesale and securities services for financial institutions; as of this month, FedNow has attracted more than 1,900 U.S. banks and credit unions, while approximately 8,500 institutions are eligible. The system is open only to U.S. financial institutions and can send payments within seconds or minutes.
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