FedNow

Federal Reserve’s Next 3 Years Include Instant Payments ‘Easy Button’
Federal Reserve’s Next 3 Years Include Instant Payments ‘Easy Button’
November 03, 2022  |  Faster Payments

The term “central bank” brings to mind thoughts of stability, resilience and trust, all things that have been part of the Federal Reserve’s DNA for...

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Real-Time Payments Will Spark Lending’s Digital Transformation
Real-Time Payments Will Spark Lending’s Digital Transformation
November 02, 2022  |  Credit Unions

Yogi Berra supposedly once said: “Predictions are hard — especially about the future.” In an interview with PYMNTS, PSCU President and CEO Chuck Fagan acknowledged...

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The Stablecoin Versus Real-Time Payments Debate
The Stablecoin Versus Real-Time Payments Debate
October 28, 2022  |  Cryptocurrency

Cryptocurrency supporters have long argued that one of the lowest-hanging fruits in the payments industry is cross-border payments, and that’s doubly true for stablecoins, which...

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Treasurers Will Have ‘Cloud Moment’ as Real-Time Payments Gain Traction
Treasurers Will Have ‘Cloud Moment’ as Real-Time Payments Gain Traction
October 27, 2022  |  Payments Innovation

As Modern Treasury Co-Founder and Chief Product Officer Matt Marcus sees it, over the next few years, the payments sector will see seismic shifts as...

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Cross-Border Demands Banks Get Ready for ‘Clearing 2.0’
Cross-Border Demands Banks Get Ready for ‘Clearing 2.0’
October 13, 2022  |  Faster Payments

As real-time payments networks operate across the globe — FedNow in the U.S. and Faster Payments in the U.K., to name just two examples —...

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Digital Dollar Debate Shifts as Central Banks Embrace CBDCs
Digital Dollar Debate Shifts as Central Banks Embrace CBDCs
August 30, 2022  |  CBDC

Federal Reserve Board of Governors member Michelle Bowman said two weeks ago that the imminent launch of the FedNow real-time payments system makes a digital...

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Federal Reserve Eyes Summer ’23 Launch for FedNow
Federal Reserve Eyes Summer ’23 Launch for FedNow
August 29, 2022  |  Faster Payments

The Federal Reserve is readying its FedNow payments system for launch next year, a move supporters say will make near-instant payments widely available. As The...

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CBDC Weekly: Fed’s Bowman Says FedNow Makes Digital Dollar Unnecessary
CBDC Weekly: Fed’s Bowman Says FedNow Makes Digital Dollar Unnecessary
August 22, 2022  |  Cryptocurrency

Fed Governor Michelle Bowman suggested that she believes the FedNow real-time payments system will make a digital dollar unnecessary. Speaking at the VenCent Fintech Conference...

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Fed Says FedNow, Instant Invoices Put Control in Payers’ Hands
Fed Says FedNow, Instant Invoices Put Control in Payers’ Hands
July 27, 2022  |  Faster Payments

2023 will be a transformative year for financial services, marked by a new addition to the world of instant payments, Bernadette Ksepka, vice president and...

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