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Nick Stanescu

EVP and Chief FedNow® Executive | Federal Reserve Financial Services

Nick Stanescu

Nick leads the team that runs the FedNow® Service including technology, product and portfolio management functions. His team is responsible for expanding the FedNow® Service’s network and volume, as well as delivering new service functionality. He began his career at the Federal Reserve Bank of New York and held leadership roles in Fedwire Funds and National Settlement Services, Information Security and the Federal Reserve’s National Incident Response Team. Most recently, Nick served as the FedNow® business executive with the Federal Reserve Bank of Boston. In this role, he led product management, industry readiness and business operations for the new service.