Three years after the Federal Reserve launched the FedNow® Service, the instant payment infrastructure serves 1,800 financial institutions, including seven of the 10 largest banks,...
On June 30, an independent company called Open Standard launched a dollar stablecoin, Open USD, and 140 of the biggest names in money signed on....
Real-time money movement is beginning to alter the expectations surrounding healthcare and HR benefits where reimbursement timing and payout clarity have long been sources of...
Real-time B2B payments may not be losing to skepticism. They are losing, for now, to payment systems that work just well enough. That is one...
Real-time payments in South America have moved well beyond proof of concept. They’re becoming the financial backbone of entire economies, and the numbers speak for...
Watch more: The Digital Shift With Galileo’s Prashant Shah For years, core banking systems were viewed as essential but largely invisible infrastructure. They maintained account...
Watch more: Michael Silver of Robinhood Consumers managing their finances through digital channels increasingly assume that money will appear in accounts quickly, with visibility into...
The biggest obstacle to real-time B2B payments may be that the old system is not broken enough. That was one of the more practical takeaways...