FedNow Service

Bank of America Says Real-Time Payments Connect Commercial Accounts to Working Capital
Bank of America Says Real-Time Payments Connect Commercial Accounts to Working Capital
March 17, 2025  |  Payments Innovation

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...

READ MORE >
Cost and Integration Concerns Keep Smaller Banks From Adopting Real-Time Payments
Cost and Integration Concerns Keep Smaller Banks From Adopting Real-Time Payments
March 14, 2025  |  Banking

The benefits of real-time payments may be readily apparent to financial institutions (FIs) — as they can serve their clients with new use cases, including...

READ MORE >
FlexPoint’s AI System Enables Same-Day ACH Payments
FlexPoint’s AI System Enables Same-Day ACH Payments
December 12, 2024  |  B2B Payments

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...

READ MORE >
AppBrilliance Opens Pay-by-Bank Options for Closed-Loop Digital Wallets
AppBrilliance Opens Pay-by-Bank Options for Closed-Loop Digital Wallets
July 29, 2024  |  Payment Methods

When The Clearing House amended its rules on digital wallets in early May, few in the industry paid much attention. After all, it was little more...

READ MORE >
FedNow’s First Year: Path to Critical Mass Requires Time and Education
FedNow’s First Year: Path to Critical Mass Requires Time and Education
July 24, 2024  |  Digital Payments

A year after its launch, the FedNow® Service, the instant payment service introduced by the U.S. central bank last July 20, has seen 900 banks sign...

READ MORE >
First the Launch, Then the Execution: FedNow Turns One
First the Launch, Then the Execution: FedNow Turns One
July 23, 2024  |  Real-Time Payments

It’s easy to generate buzz — harder to generate results. As PYMNTS continues to interview key executives about the first year of the FedNow® Service,...

READ MORE >
It’s the Network, Not the Rail: Ingo Payments’ Edwards Reflects on FedNow’s First Year
It’s the Network, Not the Rail: Ingo Payments’ Edwards Reflects on FedNow’s First Year
July 19, 2024  |  Real-Time Payments

Anniversaries are a time to reflect, evaluate and to anticipate what lies ahead. And so it is with the FedNow® Service, which celebrates a year...

READ MORE >
Instant Payments Versus Stablecoins: The Race to Rule Real-Time Transactions
Instant Payments Versus Stablecoins: The Race to Rule Real-Time Transactions
July 11, 2024  |  Payment Methods

The future of money movement is accelerating globally. With real-time payments on the U.S. RTP® Network and in Europe setting new usage records, and awareness...

READ MORE >
NCR Voyix Warns on Instant Payments Adoption Delays
NCR Voyix Warns on Instant Payments Adoption Delays
April 17, 2024  |  Real-Time Payments

Real-time payments have enjoyed optional status up to this point. But they are quickly becoming an essential competitive factor for financial institutions (FIs), especially in...

READ MORE >