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, and reaches over half of all U.S. checking and savings accounts. Get the Full Story Complete the form to unlock...
The Federal Reserve’s proposal to expand FedNow beyond its current domestic limitations arrives at a moment when demand for faster cross-border payments is colliding with the realities of compliance, correspondent banking and payment-system design. Get the Full Story Complete the form to unlock this article...
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May 12, 2026
Watch more: How Real-Time Payments Reshape Banking Operations 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 from PYMNTS and to the […]
April 13, 2026
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March 06, 2026
In the wake of natural disasters, the speed of financial recovery is often as critical as the initial emergency response. Historically, victims of hurricanes, wildfires, and floods have had to...
November 21, 2025
With a little over two years in market, the Federal Reserve’s instant payments platform, the FedNow® Service, is now entering what Chief Product and Relationship Officer Shonda Clay calls its...
July 09, 2026
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, and reaches over half of all U.S. checking and savings accounts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS […]
October 21, 2025
PNC has become the latest financial institution to join the FedNow® Service. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
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...
February 04, 2025
FinTech company FIS said Tuesday (Feb. 4) that it is now certified to enable send capabilities for credit transfers in the FedNow® Service. Get the Full Story Complete the form...