Nick Stanescu

FedNow Head Watches Banks Race to Catch Nonbanks as Growth Surges

FedNow Head Watches Banks Race to Catch Nonbanks as Growth Surges
FedNow Head Watches Banks Race to Catch Nonbanks as Growth Surges
November 05, 2025  |  Real-Time Payments

The competition between banks and nonbanks is intensifying as customers demand faster, always-available ways to move money. Banks are finding that the FedNow® Service can...

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FedNow Service Gets New Leadership at Federal Reserve Bank of Boston
FedNow Service Gets New Leadership at Federal Reserve Bank of Boston
November 15, 2023  |  Personnel

The Federal Reserve Bank of Boston has announced the promotions of two FedNow® Service executives to senior leadership positions within the organization. Get the Full Story Complete the form to...

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FedNow Says Features Will Help FIs ‘Raise the Bar’ on Fraud Management
FedNow Says Features Will Help FIs ‘Raise the Bar’ on Fraud Management
February 01, 2023  |  Security & Fraud

The Federal Reserve’s FedNowsm Service, a new instant payments infrastructure for the nation’s financial institutions (FIs), is expected to catalyze broad access to instant payments...

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