Federal Reserve Financial Services

As FedNow Rollout Progresses, Banks, Processors Begin Strategic Shifts
As FedNow Rollout Progresses, Banks, Processors Begin Strategic Shifts
September 22, 2022  |  Faster Payments

Less than a year from now, faster payments — instant ones, in fact — will be a widespread reality in the United States. Connie Theien,...

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Today in B2B Payments: 2 Firms Raise Money to Expand Internationally
Today in B2B Payments: 2 Firms Raise Money to Expand Internationally
September 20, 2022  |  B2B Payments

Today in B2B payments, Zopper raises $75 million to expand its InsurTech services internationally, while Sievo raises $44 million to accelerate the growth of its...

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Fed Adds Business and Analytics Tool for FedACH Service
Fed Adds Business and Analytics Tool for FedACH Service
September 19, 2022  |  Digital Payments

With both the number and the value of automated clearing house (ACH) payments continuing to rise, Federal Reserve Financial Services has launched a business and...

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Amex’s Exclusivity Rule Doesn’t Impact Merchant Fees, Economist Testifies
Amex’s Exclusivity Rule Doesn’t Impact Merchant Fees, Economist Testifies
August 19, 2014  |  News

The government’s anti-trust case against American Express is predicated on a straight-forward concept: retail card fees would drop if Amex abandoned its exclusivity strategy. An...

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