FedNow

Smaller Banks Join Growing Roster of FIs Readying for FedNow’s Launch
Smaller Banks Join Growing Roster of FIs Readying for FedNow’s Launch
April 12, 2023  |  Banking

The list of financial institutions — smaller banks among them — readying for real-time payments grows longer. Salem Five, a mutual bank with roots tracing...

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Fed Says FedNow Early Adopters Pave Path to Instant Payments
Fed Says FedNow Early Adopters Pave Path to Instant Payments
April 10, 2023  |  Payment Methods

Three months until the U.S. payments ecosystem changes forever. In July, the long-awaited FedNow service launches, and its real-time rail will speed up money movement...

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Will FedNow’s July Launch Make Crypto and Stablecoins Redundant?
Will FedNow’s July Launch Make Crypto and Stablecoins Redundant?
April 03, 2023  |  Payment Methods

Digital is often a one-way street, and the finance sector appears to be taking it. This is as the future of money movement looks set...

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White House Economic Report Shifts Stance on Crypto From Neutral to Negative
White House Economic Report Shifts Stance on Crypto From Neutral to Negative
March 23, 2023  |  Cryptocurrency

It’s increasingly looking like the fed is trying to put the crypto sector to bed. This, as a new report authored by the White House Council...

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Tassat Will Provide FedNow Access Through Client-Facing API
Tassat Will Provide FedNow Access Through Client-Facing API
March 22, 2023  |  B2B Payments

Tassat Group will provide access to FedNow through its client-facing application programming interface (API). When the Federal Reserve launches the FedNow real-time payments rail, Tassat’s...

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Will FedNow’s July Launch Ignite Real-Time Payments in the US?
Will FedNow’s July Launch Ignite Real-Time Payments in the US?
March 17, 2023  |  Faster Payments

The Federal Reserve’s FedNow real-time rail debut is imminent. Financial institutions (FIs) including banks and credit unions have been using services from Zelle to rails...

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FedNow Scheduled to Launch In July
FedNow Scheduled to Launch In July
March 16, 2023  |  Faster Payments

The Federal Reserve has a launch date for its long-awaited payments service FedNow. The U.S. central bank announced Wednesday (March 15) that the service will...

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ACI Reports Steady Growth as Management Says Real-Time Payments Revolution Accelerating  
ACI Reports Steady Growth as Management Says Real-Time Payments Revolution Accelerating  
March 01, 2023  |  Earnings

For ACI Worldwide, software and platform as a service remain steady growth businesses.  In the company’s most recent earnings results on Wednesday (March 1),  ACI said...

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Instant Payments Promise Better Consumer Experiences and Merchant Efficiencies
Instant Payments Promise Better Consumer Experiences and Merchant Efficiencies
February 24, 2023  |  Real-Time Payments

There’s a not-far-off future where plastic credit and debit cards will be less popular with rising consumer groups drawn to instant payments, and that’s OK...

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