FedNow

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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The Fed Presses Forward With FedNow, Blockchain
The Fed Presses Forward With FedNow, Blockchain
April 08, 2021  |  B2B Payments

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...

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Five Banks To Test FedNow Real-Time Payments System
Five Banks To Test FedNow Real-Time Payments System
April 04, 2021  |  Faster Payments

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...

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Federal Reserve Announces Message Specifications For FedNow
Federal Reserve Announces Message Specifications For FedNow
March 31, 2021  |  Faster Payments

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...

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The Fed Drives Ahead With Payment Rail Exploration
The Fed Drives Ahead With Payment Rail Exploration
March 31, 2021  |  B2B Payments

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...

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