FedNow

Yellen Speech on Crypto Calls for New, Faster Payments System
Yellen Speech on Crypto Calls for New, Faster Payments System
April 07, 2022  |  Cryptocurrency

Even though there will be no policy bombshells in Treasury Secretary Janet Yellen’s first speech focused entirely on digital assets, the need to build better...

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Treasury Under Secretary Adds FedNow to Stablecoin vs Digital Dollar Debate
Treasury Under Secretary Adds FedNow to Stablecoin vs Digital Dollar Debate
March 23, 2022  |  Digital Payments

In all the heated debates about regulating stablecoins and creating a digital dollar, the U.S. Treasury Department has been remarkably quiet about its own existing...

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FedNow’s Progress on Instant Payments May Weaken Case for Digital Dollar
FedNow’s Progress on Instant Payments May Weaken Case for Digital Dollar
March 09, 2022  |  Faster Payments

Deciding whether to create a digital dollar was a key part of an executive order President Joe Biden announced Wednesday morning (March 9) to create...

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Fed Releases FedNow Pricing Schedule
Fed Releases FedNow Pricing Schedule
January 27, 2022  |  Faster Payments

The Federal Reserve has announced the anticipated pricing for its FedNow service for instant payments, a press release says. The service will include a $25...

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Federal Reserve Debuts Website, Tools in Advance of FedNow, Instant Payments Launch
Federal Reserve Debuts Website, Tools in Advance of FedNow, Instant Payments Launch
October 20, 2021  |  Faster Payments

The Federal Reserve has rolled out new resources to offer education, preparation and ecosystem innovation for instant payments, according to a Wednesday (Oct. 20) press...

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FedNow Follows TCH to Enable Instant Bill Pay
FedNow Follows TCH to Enable Instant Bill Pay
August 30, 2021  |  Faster Payments

The Federal Reserve is rolling out new details for the FedNow instant payments service scheduled to launch in 2023, touting it as a tool that...

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CFOs Eye New Use Cases For Mixing Payment Rails
CFOs Eye New Use Cases For Mixing Payment Rails
June 24, 2021  |  B2B Payments

Finance leaders are embracing a variety of payment rails in their payables modernization efforts, according to new PYMNTS research. This week’s look at the latest...

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As Real-Time Payment Rails Rise, Interoperability Comes Into Focus
As Real-Time Payment Rails Rise, Interoperability Comes Into Focus
April 29, 2021  |  B2B Payments

Embracing new payment rails, and enhancing the value of existing ones, remains a key part of promoting overall payment innovation. But as real-time payment networks...

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Deep Dive: The Strengths And Limitations Of Real-Time Payments Rail Interoperability Strategies
Deep Dive: The Strengths And Limitations Of Real-Time Payments Rail Interoperability Strategies
April 26, 2021  |  Faster Payments

Three years is a long time, and it is how long payment industry stakeholders will have to wait to see if FedNow, the instant payments...

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