Fednow Service news and trends

Fed Rewrites Rules to Bring Cross-Border Payments to FedNow
Cross-border Payments // April 08, 2026

The Federal Reserve Board proposed Wednesday (April 8) that U.S. banks and credit unions be allowed to use intermediaries to transfer funds through the FedNow® Service. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Real-Time Payments Reach a Turning Point in North America
Real-Time Payments // March 09, 2026

Real-time payments in North America are moving decisively from expansion to execution. Instant payment systems across the United States, Canada and Mexico are scaling, modernizing and broadening their reach. But each country is following a distinct strategic path. Get the Full Story Complete the form...

North America Levels Up Real-Time Payments With Bigger Limits
Real-Time Payments // August 06, 2025

Real-time payments are becoming a fixture in financial ecosystems across North America, driven by updates in network capabilities, expanded transaction limits and innovative use cases. The latest edition of the Real-Time Payments World Map tracks several key developments in the United States and Canada that...

Glossary Cuts Through Jargon About Account-to-Account Payments
Payment Methods // June 02, 2025

A burst of announcements, from Visa’s “buyer-protected” account-to-account (A2A) service in the U.K. to fresh funding for variable recurring payments, has pushed bank-to-bank transfers back onto corporate agendas. Yet the vocabulary can feel like alphabet soup. Below is a glossary that puts the main terms...

Interviews & Exclusives
Real-Time Payments Reach a Turning Point in North America

March 09, 2026
Real-time payments in North America are moving decisively from expansion to execution. Instant payment systems across the United States, Canada and Mexico are scaling, modernizing and broadening their reach. But each country is following a distinct strategic path. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to […]

North America Levels Up Real-Time Payments With Bigger Limits

August 06, 2025
Real-time payments are becoming a fixture in financial ecosystems across North America, driven by updates in network capabilities, expanded transaction limits and innovative use cases. The latest edition of the...

Glossary Cuts Through Jargon About Account-to-Account Payments

June 02, 2025
A burst of announcements, from Visa’s “buyer-protected” account-to-account (A2A) service in the U.K. to fresh funding for variable recurring payments, has pushed bank-to-bank transfers back onto corporate agendas. Yet the...

Bank of America Says Real-Time Payments Connect Businesses to Working Capital

March 17, 2025
The Clearing House’s RTP network launched in 2017. The FedNow Service, the central bank’s foray into real-time payments, debuted in the summer 2023. And yet real-time payments — while getting...

Quick Reads
SoFi Uses Galileo to Power Real-Time FedNow Transfers

April 13, 2026
SoFi has begun offering instant bank transfers via the Federal Reserve’s FedNow® Service. 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 marketing communications […]

Fed Rewrites Rules to Bring Cross-Border Payments to FedNow

April 08, 2026
The Federal Reserve Board proposed Wednesday (April 8) that U.S. banks and credit unions be allowed to use intermediaries to transfer funds through the FedNow® Service. Get the Full Story Complete the form...

FlexPoint’s AI System Enables Same-Day ACH Payments

December 12, 2024
Payment technology company FlexPoint has launched an artificial intelligence (AI)-powered system that processes automated clearing house payments the same day instead of the typical five-day wait, using AI to assess...

Trustly and Cross River Bank Find Success With Instant Payment Adoption

April 04, 2024
Trustly and Cross River Bank have expanded their collaboration in instant payments to include the FedNow® Service. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...