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...
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...
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...
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...
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...
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...
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...
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...