FedNow

J.P. Morgan Payments: ‘Network-Agnostic’ Approach Helps Bring Real-Time Payments to the Masses
J.P. Morgan Payments: ‘Network-Agnostic’ Approach Helps Bring Real-Time Payments to the Masses
October 26, 2023  |  Real-Time Payments

Three months ago, the FedNow® Service launched to much fanfare, heralding the second real-time payments network now live and fully operational in the United States....

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Two Tiers of Payments Innovation Will Shape Industry’s Future
Two Tiers of Payments Innovation Will Shape Industry’s Future
October 24, 2023  |  Payments Innovation

The innovations shaping the payments industry are moving in real time. And increasingly so, too, is money itself. “What we’re seeing from a product perspective...

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Instant Payments Force Banks to Examine Limitations of ‘Creaky’ Legacy Systems
Instant Payments Force Banks to Examine Limitations of ‘Creaky’ Legacy Systems
October 23, 2023  |  Real-Time Payments

The July launch of the FedNow® Service — and the fact that The Clearing House’s RTP® network has been operational for six years — underscores...

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Fed Governor Michelle Bowman Concerned About Risk of Digital Dollar
Fed Governor Michelle Bowman Concerned About Risk of Digital Dollar
October 17, 2023  |  CBDC

Federal Reserve Governor Michelle Bowman is concerned about the potential risks associated with a U.S. central bank digital currency (CBDC). Speaking Tuesday (Oct. 17) at...

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Fiserv: Instant Payments Need ‘Killer Use Case’ as FedNow Service Launches
Fiserv: Instant Payments Need ‘Killer Use Case’ as FedNow Service Launches
September 25, 2023  |  Real-Time Payments

The FedNow® Service is rounding the corner into its second month of operation. Justin Jackson, senior vice president and head of enterprise payments at Fiserv,...

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ACI Worldwide Powers Real-Time Payments for Microsoft Azure Clients
ACI Worldwide Powers Real-Time Payments for Microsoft Azure Clients
September 19, 2023  |  Real-Time Payments

ACI Worldwide is working with Microsoft to help financial institutions provide faster instant payments. The payments software firm announced the collaboration Tuesday (Sept. 19), saying it would speed instant transactions...

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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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Panel: Real-Time Ubiquity and Connectivity Turn Payments Into ‘Satisfaction Tools’
Panel: Real-Time Ubiquity and Connectivity Turn Payments Into ‘Satisfaction Tools’
September 07, 2023  |  Real-Time Payments

Real-time payments schemes are proliferating around the globe. Getting them to work in sync and breaking down the silos that exist between countries will be...

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Vsoft Teams with Pidign to Offer Real-Time Payments
Vsoft Teams with Pidign to Offer Real-Time Payments
August 28, 2023  |  Real-Time Payments

Payment solutions firm VSoft says it has integrated its platform with real-time payments firm Pidgin. That integration, the company announced Monday (Aug. 28), will allow VSoft’s core processing solution...

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