FedNow

Finzly Launches API Giving Developers Access to FedNow Service
Finzly Launches API Giving Developers Access to FedNow Service
February 08, 2023  |  Faster Payments

Finzly now enables developers at platforms, FinTechs and financial institutions to access the FedNow Service. The banking and payment technology firm, which is a pilot...

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FedNow Says Features Will Help FIs ‘Raise the Bar’ on Fraud Management
FedNow Says Features Will Help FIs ‘Raise the Bar’ on Fraud Management
February 01, 2023  |  Security & Fraud

The Federal Reserve’s FedNowsm Service, a new instant payments infrastructure for the nation’s financial institutions (FIs), is expected to catalyze broad access to instant payments...

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Matera’s US Debut Seeks to Duplicate Brazil’s Instant Payment, QR Code Success
Matera’s US Debut Seeks to Duplicate Brazil’s Instant Payment, QR Code Success
December 09, 2022  |  Payment Methods

By any measure, instant payments and QR codes have been a phenomenal success in Brazil. Patrick Devlin, president of Brazilian FinTech Matera, told PYMNTS’ Karen...

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FedNow Forms Request for Payment Working Group
FedNow Forms Request for Payment Working Group
December 08, 2022  |  Faster Payments

An industry working group will encourage adoption of request for payment (RFP) functionality. Formed by the Federal Reserve ahead of the launch of the FedNow...

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19 Payments Execs Say Payments Next Three Years Is Embedded and Real Time
19 Payments Execs Say Payments Next Three Years Is Embedded and Real Time
December 05, 2022  |  Opinion

Looking back on 2022 is a lesson in expecting the unexpected. COVID-19 concerns and supply chain shortages were unceremoniously pushed aside by sky-high inflation and...

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Three Insiders Share Their Views on FedNow Pilot
Three Insiders Share Their Views on FedNow Pilot
November 29, 2022  |  Faster Payments

The FedNow Service instant payments system is slated to launch next year — a culmination of an effort stretching out more than three-and-a-half years, a...

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Real-Time Payments Shape Commerce’s Next 3 Years of Evolution
Real-Time Payments Shape Commerce’s Next 3 Years of Evolution
November 29, 2022  |  Faster Payments

Three transformations will shape the trajectory of the global payments infrastructure business over the next three years, ACI Worldwide Chief Product Officer Debbie Guerra told...

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Modern Treasury Sees ‘Tectonic Shift’ of Private Innovation From FedNow Launch
Modern Treasury Sees ‘Tectonic Shift’ of Private Innovation From FedNow Launch
November 21, 2022  |  Faster Payments

In the run-up to the launch of the FedNow real-time payments platform, financial industry insiders are anticipating what the Federal Reserve’s new baby will look...

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FedNow Says 2023 Fee Schedule Includes Discount on Credit Transfer Rate
FedNow Says 2023 Fee Schedule Includes Discount on Credit Transfer Rate
November 10, 2022  |  Faster Payments

The Federal Reserve has announced pricing for the FedNow Service, its instant payments system that is to be launched in the middle of 2023.  “To...

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