The Federal Reserve continues to make headway in driving payment rail innovation via the upcoming FedNow Service, as well as increasing interest in blockchain and...
The Federal Reserve’s FedNow program, intended to streamline the clearing and settlement process, will be tested by five Northern California regional banks and three credit...
The U.S. Federal Reserve on Wednesday (March 31) released message specifications for its instant payment service, FedNow. Set by the International Organization for Standardization, or...
The Federal Reserve is paving the way for new payment infrastructure to drive progress in the U.S. landscape, both through an expansion of the FedNow...
As the payment ecosystem evolves, the emergence of both upgraded payment infrastructure, as well as the launch of entirely new payment rails, has unlocked new...
In today’s top news, Flywire could file for an IPO later this year that could value that company at $3 billion, and Mastercard debuted new...
Instant payments on the horizon — but first the pilot programs. To that end, the Federal Reserve said Monday (Jan. 25) that more than 110...
The tipping point toward real-time payments’ ubiquity might be closer than many observers think, Mark Ranta, payments practice lead at FinTech Alacriti, told PYMNTS in...
In today’s top news, China is giving away $1.5 million to test the digital yuan, and the EU is compiling a list of 20 tech...