FedNow Service

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. Get the Full Story Complete the form to unlock this article and...

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The Rise of Real-Time Payments and the Future of Pay-by-Bank
The Rise of Real-Time Payments and the Future of Pay-by-Bank
September 08, 2023  |  Real-Time Payments

In recent years, the global financial landscape has witnessed a significant rise in real-time payments, a payment method that, among other things, allows for immediate...

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SWIFT’s Headway on Faster Cross-Border Payments Is Just the Beginning
SWIFT’s Headway on Faster Cross-Border Payments Is Just the Beginning
August 22, 2023  |  Faster Payments

One overarching theme in payments — no matter whether commercial or retail transactions — is that of speed.   Get the Full Story Complete the form...

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Speed Could Drive Demand for Open Banking Payments
Speed Could Drive Demand for Open Banking Payments
April 20, 2023  |  Faster Payments

Expectations for faster payments are rising, thanks to increased banking innovation and accelerated eCommerce adoption. As the United States readies for the Federal Reserve’s FedNow...

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Three Insiders Share Their Views on FedNow Pilot
Three Insiders Share Their Views on FedNow Pilot
November 29, 2022  |  Faster Payments

The FedNow Service instant payments system is slated to launch next year — a culmination of an effort stretching out more than three-and-a-half years, a...

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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. Get the...

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Federal Reserve Onboards First Participants in FedNow Pilot, Including Square
Federal Reserve Onboards First Participants in FedNow Pilot, Including Square
May 02, 2022  |  Faster Payments

The Federal Reserve has started onboarding the first participants to the FedNow Service pilot program, beginning the instant payment service’s initial testing phase, according to...

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The Clearing House On The Race for Real-Time Payments In The US
The Clearing House On The Race for Real-Time Payments In The US
August 10, 2020  |  Faster Payments

Real time is getting ever closer to prime time. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

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Fed Moves Ahead With FedNow Despite Objections
Fed Moves Ahead With FedNow Despite Objections
August 09, 2020  |  B2B Payments

Not everyone favors the Federal Reserve Board’s launch of its settlement service designed to eliminate the three-day check clearing and support instant payments in the...

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