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...
The Federal Reserve has announced a leader of the new FedNow service, which was created to facilitate faster payments in the country with interbank real-time...
I’m from the government and I’m here to make sure you get your paychecks faster – even instantly… …if you can just hang in there...
It’s now official. The Fed plans to build its own instant clearing and settlement rails. Introduced on Monday by Federal Reserve Board Governor Lael Brainard, the Fed’s instant payment...
The Federal Reserve has officially announced it will create a real-time payments service, to be called FedNow. The move was described by Kansas Federal Reserve President Esther George as...