Bureau of the Fiscal Service

Financial Institutions and Service Providers Welcome Launch of FedNow
Financial Institutions and Service Providers Welcome Launch of FedNow
July 20, 2023  |  Real-Time Payments

Financial institutions and payment service providers hit the ground running when the Federal Reserve launched the FedNow Service on Thursday (July 20). Many had new offerings ready to go...

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Treasury Department Aims to Limit Federal Agencies’ Use of Checks
Treasury Department Aims to Limit Federal Agencies’ Use of Checks
January 09, 2023  |  Digital Payments

A federal agency is proposing more limits to the government’s use of paper checks. In a notice of proposed rulemaking (NPRM) that is to be...

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