Federal Reserve Financial Services news and trends

FedDetect Duplicate Notification Service Expanded to Include Commercial Checks
Fraud Prevention // December 04, 2024

Federal Reserve Financial Services (FRFS) now helps financial institutions combat check fraud by enabling them to see deposit information and images of potential duplicate items for commercial checks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

As FedNow Rollout Progresses, Banks, Processors Begin Strategic Shifts
Faster Payments // September 22, 2022

Less than a year from now, faster payments — instant ones, in fact — will be a widespread reality in the United States. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Today in B2B Payments: 2 Firms Raise Money to Expand Internationally
B2B Payments // September 20, 2022

Today in B2B payments, Zopper raises $75 million to expand its InsurTech services internationally, while Sievo raises $44 million to accelerate the growth of its procurement analytics platform in the United States and global markets. Plus, MaterialsXchange and Mickey aim to speed the digitalization of...

Fed Adds Business and Analytics Tool for FedACH Service
Digital Payments // September 19, 2022

With both the number and the value of automated clearing house (ACH) payments continuing to rise, Federal Reserve Financial Services has launched a business and analytics tool meant to help financial institutions (FIs) optimize their business strategy and day-to-day ACH operations.  Get the Full Story...

Interviews & Exclusives
As FedNow Rollout Progresses, Banks, Processors Begin Strategic Shifts

September 22, 2022
Less than a year from now, faster payments — instant ones, in fact — will be a widespread reality in the United States. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. […]

Quick Reads
FedNow Increases Transaction Limit to $10 Million 

September 09, 2025
The Federal Reserve’s instant payment system is increasing its transaction limit amid growing commercial demand. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive […]

FedDetect Duplicate Notification Service Expanded to Include Commercial Checks

December 04, 2024
Federal Reserve Financial Services (FRFS) now helps financial institutions combat check fraud by enabling them to see deposit information and images of potential duplicate items for commercial checks. Get the...