FedNow Service

NCR Voyix President Says Digital Invoices and ‘Clear’ Messaging Pave Way for Real-Time B2B Payments
NCR Voyix President Says Digital Invoices and ‘Clear’ Messaging Pave Way for Real-Time B2B Payments
November 14, 2023  |  B2B Payments

B2B payments are in need of some clarity. “Getting paid is the biggest pain point,” observed Doug Brown, president of NCR Voyix Digital Banking. But...

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Payment Rail Innovations Help Businesses Embrace the Always-On Economy
Payment Rail Innovations Help Businesses Embrace the Always-On Economy
October 25, 2023  |  Payments Innovation

When it comes to innovation in payments, there’s no more exciting time than right now. Historically, the U.S. businesses heavily relied on checks, Automated Clearing...

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Thought Machine and Form3 Partner on Real-Time Payment Processing 
Thought Machine and Form3 Partner on Real-Time Payment Processing 
October 23, 2023  |  Real-Time Payments

Cloud-native banking technology company Thought Machine has partnered with cloud-native account-to-account (A2A) platform Form3 to offer banks and financial institutions an end-to-end solution for real-time payment processing.  This collaboration...

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US Retailers Drive Instant Payment Adoption
US Retailers Drive Instant Payment Adoption
October 23, 2023  |  Faster Payments

Real-time payments has had a significant impact on the retail industry in the last few years, with the recent launch of FedNow® Service likely to...

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The Clearing House CEO: ‘It’s All About Growing the Real-Time Payments Pie, Not Fighting Over Profits’
The Clearing House CEO: ‘It’s All About Growing the Real-Time Payments Pie, Not Fighting Over...
October 16, 2023  |  Real-Time Payments

Now in his eighth month as CEO of The Clearing House, David Watson noted to PYMNTS CEO Karen Webster that there’s significant promise — and...

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FedNow Service Surpasses 100 Participants Since July Launch
FedNow Service Surpasses 100 Participants Since July Launch
October 03, 2023  |  Faster Payments

More than 100 institutions are now actively participating on the Federal Reserve’s FedNow® Service network, which launched in July. There are now 108 financial institutions sending and...

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FedNow Unveils Market Practices to Promote Instant Payment Feature
FedNow Unveils Market Practices to Promote Instant Payment Feature
September 26, 2023  |  Real-Time Payments

The Federal Reserve has unveiled market practices aimed at promoting the standardized implementation of the request for payment (RFP) feature of the FedNow® Service. The market practices were...

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Faster Payments Means Faster, Better Fraud Fighting Tools
Faster Payments Means Faster, Better Fraud Fighting Tools
September 21, 2023  |  Fraud Prevention

According to Pradheep Sampath, CPO at Entersekt, the rise of instant payments demands a new approach to fighting fraud. “There’s certainly a buzz in the...

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Plaid and Cross River Team on Real-Time Payments With FedNow
Plaid and Cross River Team on Real-Time Payments With FedNow
September 18, 2023  |  Real-Time Payments

Cross River Bank and Plaid say they’ve joined FedNow® Service to widen customers’ instant payment access. The collaboration, announced Monday (Sept. 18), also makes Cross River among the...

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