Google sent a letter to the Federal Reserve, asking the U.S. central bank to consider modeling FedNow after the Unified Payments Interface (UPI) framework used in...
Membership in the U.S. Faster Payments Council (FPC) is growing with the addition of ACI Worldwide, as the electronic payments and banking solution provider announced...
Federal Trade Commission (FTC) Commissioner Rohit Chopra wrote a letter to the Federal Reserve saying projects like Libra (Facebook’s proposed cryptocurrency) illustrate the need for...
Jack Henry Associates announced last week that it has on-boarded an additional 15 financial institutions to The Clearing House’s RTP network in the latest sign...
Cross-border payments still present challenges, but the landscape is changing rapidly. Swift recently announced that its gpi service can integrate with domestic real-time systems to...
Today in the payments news roundup, the U.S. House Committee on Financial Services Task Force on Financial Technology held a hearing to talk about the...
The Federal Reserve’s buildup to faster payments innovation came to a head in August when it announced FedNow, its proposed real-time payments infrastructure under the...
Consumers live in a real-time world. Their use of mobile devices fuels the expectation that what happens on the other side of a click or...
Top News Why FedNow Will Slow Real-Time Payments “I’m from the government and I’m here to make sure you get your paychecks faster – even...