Catalyst News

The Federal Reserve is permanently discontinuing holiday currency special ordering periods, effective 2022.

Catalyst Corporate’s 2022 Economic & Payments Forum started off strong Monday morning, and one session, in particular, generated a lot of buzz. Dan Gonzalez, Vice President and Director, National Accounts for Federal Reserve Financial Services, delivered an impactful presentation on the forthcoming FedNow Service, which will help shape the faster payments landscape as we know it.

Good news. There’s still time to register to attend Catalyst Corporate’s Economic & Payments Forum virtually! While it only takes about 60 seconds to register, that action unlocks access to two days of educational sessions and the opportunity to earn up to 12 CPE credits.

Before we know it, 2022 will be coming to a close. Have you squeezed in all your training for the year? Good news! Catalyst Corporate has half a dozen service training opportunities on the horizon – with topics ranging from TranZact basics to ACH audit requirements and an overview of PayMōli.

Catalyst Corporate is proud to be featured in the Federal Reserve’s FedNow Service Provider Showcase, an online resource connecting financial institutions looking to adopt the FedNow Service with service providers offering instant payment solutions.

Investing in subordinated debt can offer credit unions greater yields than typical investments, with spreads sometimes ranging up to 400 basis points higher than U.S. Treasuries of the same maturity. This type of attractive yield was among the benefits mentioned in a recent webinar on the current landscape and the risks and benefits of subordinated debt.

The U.S. Federal Reserve has tightened the window for the launch of its FedNow Service instant payments platform to between May and July of 2023.

Between 60-80% of jobs are found through personal contact or networking. Although you may not be looking for a job, hopefully this statistic causes you to reflect on the power of networking.