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Nick Stanescu Joins Boston Fed as Senior Vice President and Business Executive for FedNow Service

Mar 31, 2021 - Targeted News Service
Board and Executive Moves

The Federal Reserve Bank of Boston issued the following news release:

The Federal Reserve Bank of Boston is pleased to announce the appointment of Nick Stanescu as senior vice president and business executive of the FedNow Service, the new real-time payment and settlement service that the Federal Reserve is developing to support faster payments in the United States.

In his role, Stanescu serves as a senior member of the FedNow Service and oversees product management, industry readine...