FedNow

Data Sharing Seen as Key to Stopping Real-Time Payments Fraud
Data Sharing Seen as Key to Stopping Real-Time Payments Fraud
January 12, 2024  |  Security & Fraud

As instant payments become more widely used in the United States, the financial services ecosystem must gird for ever-more-brazen attacks from fraudsters. Nick Fleetwood, head...

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Plaid Says Consumers Ready for Real-Time Payments Change
Plaid Says Consumers Ready for Real-Time Payments Change
December 21, 2023  |  Faster Payments

Mollie Curran, payments lead at Plaid, said a sea change is ahead for instant payments and for widespread adoption across a range of use cases....

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Why Instant Payments Will Go Viral With Each New ‘Aha’ Moment
Why Instant Payments Will Go Viral With Each New ‘Aha’ Moment
December 20, 2023  |  Faster Payments

Jon Budd, CEO of Juniper Payments, a PSCU company, said instant payments, over the long term, will see a blossoming of use cases and demand...

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Lack of Consumer Protections Seen as FedNow Headwind
Lack of Consumer Protections Seen as FedNow Headwind
December 18, 2023  |  Faster Payments

Andy McHale, senior director of product and market strategy at Spreedly, told PYMNTS that the future looks bright for faster payments here in the United...

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FedNow Closes 2023 With 300-Plus FIs Using Instant Payments Network
FedNow Closes 2023 With 300-Plus FIs Using Instant Payments Network
December 14, 2023  |  Faster Payments

The Federal Reserve says 331 financial institutions (FIs) are employing the FedNow® Service, its real-time payments system. The service launched in July with 35 participants, and is expected...

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Is B2B Ready for a Real-Time Payments Overhaul?
Is B2B Ready for a Real-Time Payments Overhaul?
December 13, 2023  |  B2B Payments

Real-time payments have the potential, and the promise, to overhaul all corners of commerce. The recent introduction of the FedNow® System is only the latest...

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Trustly Says Merchants’ Desire for Instant Payouts Drives RTP Demand
Trustly Says Merchants’ Desire for Instant Payouts Drives RTP Demand
December 13, 2023  |  Real-Time Payments

Trustly has found that merchants’ desire to provide instant payouts to their customers is driving demand for its Real-Time Payments (RTP) service. Due in part to...

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Treasury Prime and Effectiv Team on Fraud Detection for Companies and Banks
Treasury Prime and Effectiv Team on Fraud Detection for Companies and Banks
December 04, 2023  |  Security & Fraud

Treasury Prime, an embedded banking software company, has joined forces with Effectiv, a fraud and risk management platform, to bring advanced fraud detection capabilities to enterprises...

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Five Months in, FedNow Is ‘Doing What It Was Planned to Do’
Five Months in, FedNow Is ‘Doing What It Was Planned to Do’
December 01, 2023  |  Faster Payments

Five months since the FedNow® Service launched, Miriam Sheril, head of product, U.S. at Form3, told PYMNTS, there are some encouraging signs. Although it is...

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