And now comes the real test. Almost four years ago, the Federal Reserve announced that it would develop a “round the clock real time payment...
Four days from today, the Federal Reserve’s instant account-to-account payments rail will go live. FedNow’s launch on July 20 will bring the number of real-time...
There may be no room for crypto within banking or traditional financial services at all. And in fact, the Bank of International Settlements said in...
There will be organizations ready to send and receive transactions when the FedNow Service launches. Fifty-seven early adopter organizations, including both financial institutions (FIs) and...
Small and medium-sized businesses (SMBs) haven’t been able to catch a break in recent years. But tough times make tough companies. Still, after emerging straight...
As the world becomes increasingly digital, the idea of instant gratification has become the norm. From streaming movies to ordering groceries, consumers expect everything to...
Money movement is moving into the future across new payment rails. That’s why, if the transition from paper cash to electronic money ever feels to...
“We have not launched a new payment rail since RTP, and the Fed hasn’t launched a new payment solution for a handful of decades. So...
July 2023 will mark the second time in six years that a new real-time payments rail will go live in the United States. And with...