Opening the Fed’s payment rails
“Supervision will need to answer practical questions: what operational resilience should be required before a participant touches core payment infrastructure?” wonders an SRM industry consultant.
“Supervision will need to answer practical questions: what operational resilience should be required before a participant touches core payment infrastructure?” wonders an SRM industry consultant.
BELLINGS Intelligence Score: 55
Why it matters
Opening the Fed’s payment rails represents a significant structural event with potential implications for operational resilience standards and core payment infrastructure access, affecting a broad range of financial institutions and market participants beyond routine activity.