FedNow Service

Trustly and Cross River Bank Find Success With Instant Payment Adoption

Trustly and Cross River Bank Find Success With Instant Payment Adoption
Trustly and Cross River Bank Find Success With Instant Payment Adoption
April 04, 2024  |  Real-Time Payments

Trustly and Cross River Bank have expanded their collaboration in instant payments to include the FedNow® Service. With this addition, Trustly’s merchants will benefit from new capabilities to optimize...

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Looking to Capture the Real-Time Opportunity in B2B Payments? You’re Not Alone
Looking to Capture the Real-Time Opportunity in B2B Payments? You’re Not Alone
January 15, 2024  |  B2B Payments

The thing about traditional B2B payment methods is that they tend to be rather … traditional. That includes paper checks, which remain tied to 40% of...

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21 Payments Execs Reflect on 2023’s Strategic Shifts
21 Payments Execs Reflect on 2023’s Strategic Shifts
December 29, 2023  |  Opinion

Amid economic turmoil, technological leaps and evolving consumer behavior, the payments and digital commerce landscape experienced unprecedented transformations that rippled across sectors in 2023. These...

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52 Mondays 2023: The Year of Acronyms, AI and the Connected Everything
52 Mondays 2023: The Year of Acronyms, AI and the Connected Everything
December 27, 2023  |  Karen Webster

The traditional look back at the end of the year that was begs the question: What have we learned? Specifically, for 2023, the question might...

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FedNow Closes 2023 With 300-Plus FIs Using Instant Payments Network
FedNow Closes 2023 With 300-Plus FIs Using Instant Payments Network
December 14, 2023  |  Real-Time Payments

The Federal Reserve says 331 financial institutions (FIs) are employing the FedNow® Service, its real-time payments system. The service launched in July with 35 participants, and is expected...

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UK Government Says Country Needs Open Banking Alternatives to Visa and Mastercard
UK Government Says Country Needs Open Banking Alternatives to Visa and Mastercard
November 22, 2023  |  Real-Time Payments

The U.K. risks falling behind other nations unless it can create an alternative to its Faster Payment Service. That’s according to a new government-commissioned review...

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Fed to Raise Payment Services Prices 1.8%, but FedNow Unaffected
Fed to Raise Payment Services Prices 1.8%, but FedNow Unaffected
November 17, 2023  |  Payment Methods

The Federal Reserve Board has announced price changes for 2024 that will raise the price for established, mature services by an average of 1.8%. For...

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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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