FedNow

Batch Payments to Become a Long-Lived Reality in Real-Time World
Batch Payments to Become a Long-Lived Reality in Real-Time World
May 24, 2023  |  Real-Time Payments

The shift toward real-time payments won’t doom batch payments to extinction. There’s room for co-existence, Mark Staunton, head of customer success in North America at Form3, told...

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ACI Worldwide Teams With Corporate One for FedNow Launch
ACI Worldwide Teams With Corporate One for FedNow Launch
May 16, 2023  |  Faster Payments

ACI Worldwide says it is among the first payments firms certified for the U.S. Federal Reserve’s FedNow instant payments service, due to launch in July....

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Jack Henry Adds FedNow to Real-Time Payments Offerings
Jack Henry Adds FedNow to Real-Time Payments Offerings
May 15, 2023  |  Faster Payments

Payments processor Jack Henry says it is “operationally ready” to support the Federal Reserve’s FedNow service. FedNow is the U.S. central bank’s real-time payments network...

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Walmart Hints at Early FedNow Adoption While Amazon Is Mum So Far
Walmart Hints at Early FedNow Adoption While Amazon Is Mum So Far
May 12, 2023  |  Retail

So far, Walmart has been more publicly outspoken than Amazon about adopting the Federal Reserve’s forthcoming FedNow instant payment platform. However, the eCommerce giant is...

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Why 2025 May Not Be Enough Time to Hit ISO 20022 Transition Deadline
Why 2025 May Not Be Enough Time to Hit ISO 20022 Transition Deadline
May 11, 2023  |  Payment Methods

The move to streamline and speed domestic and cross-border payments is rooted in better data exchange. The financial services industry has been readying itself, and...

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Silicon Valley Bank and FedNow Highlight Need for Reliable Payments Infrastructure
Silicon Valley Bank and FedNow Highlight Need for Reliable Payments Infrastructure
April 28, 2023  |  Banking

Banks and FinTechs are re-examining what needs to change after the Silicon Valley Bank collapse. As Form3 CEO Michael Mueller told PYMNTS’ Karen Webster, “nothing...

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Presidential Candidates Campaign Against the Digital Dollar
Presidential Candidates Campaign Against the Digital Dollar
April 23, 2023  |  CBDC

American presidential candidates from both sides of the aisle are down on the digital dollar. The U.S. has not unveiled concrete plans for a central...

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ACI Worldwide Promotes Fraud Protection Ahead of FedNow Launch
ACI Worldwide Promotes Fraud Protection Ahead of FedNow Launch
April 18, 2023  |  Fraud Prevention

Payments company ACI Worldwide has added its fraud protection service to its Real-Time Payments Cloud. The integration, announced Tuesday (April 18), is aimed at U.S....

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Banks Look to the Cloud to Deliver Real Time Payments Speed and Security
Banks Look to the Cloud to Deliver Real Time Payments Speed and Security
April 14, 2023  |  Real-Time Payments

As real-time payments schemes take root around the world, financial institutions must grapple with new operational and technical challenges. Dave Scola, U.S. CEO for Form3, told...

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