FedNow

Instant Payments Force Banks to Examine Limitations of ‘Creaky’ Legacy Systems
Instant Payments Force Banks to Examine Limitations of ‘Creaky’ Legacy Systems
October 23, 2023  |  Real-Time Payments

The July launch of the FedNow® Service — and the fact that The Clearing House’s RTP® network has been operational for six years — underscores...

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Fed Governor Michelle Bowman Concerned About Risk of Digital Dollar
Fed Governor Michelle Bowman Concerned About Risk of Digital Dollar
October 17, 2023  |  CBDC

Federal Reserve Governor Michelle Bowman is concerned about the potential risks associated with a U.S. central bank digital currency (CBDC). Speaking Tuesday (Oct. 17) at...

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Fiserv: Instant Payments Need ‘Killer Use Case’ as FedNow Service Launches
Fiserv: Instant Payments Need ‘Killer Use Case’ as FedNow Service Launches
September 25, 2023  |  Real-Time Payments

The FedNow® Service is rounding the corner into its second month of operation. Justin Jackson, senior vice president and head of enterprise payments at Fiserv,...

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ACI Worldwide Powers Real-Time Payments for Microsoft Azure Clients
ACI Worldwide Powers Real-Time Payments for Microsoft Azure Clients
September 19, 2023  |  Real-Time Payments

ACI Worldwide is working with Microsoft to help financial institutions provide faster instant payments. The payments software firm announced the collaboration Tuesday (Sept. 19), saying it would speed instant transactions...

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Plaid and Cross River Team on Real-Time Payments With FedNow
Plaid and Cross River Team on Real-Time Payments With FedNow
September 18, 2023  |  Real-Time Payments

Cross River Bank and Plaid say they’ve joined FedNow® Service to widen customers’ instant payment access. The collaboration, announced Monday (Sept. 18), also makes Cross River among the...

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Panel: Real-Time Ubiquity and Connectivity Turn Payments Into ‘Satisfaction Tools’
Panel: Real-Time Ubiquity and Connectivity Turn Payments Into ‘Satisfaction Tools’
September 07, 2023  |  Real-Time Payments

Real-time payments schemes are proliferating around the globe. Getting them to work in sync and breaking down the silos that exist between countries will be...

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Vsoft Teams with Pidign to Offer Real-Time Payments
Vsoft Teams with Pidign to Offer Real-Time Payments
August 28, 2023  |  Real-Time Payments

Payment solutions firm VSoft says it has integrated its platform with real-time payments firm Pidgin. That integration, the company announced Monday (Aug. 28), will allow VSoft’s core processing solution...

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FedNow Is Live but Banks Face Integration Decisions
FedNow Is Live but Banks Face Integration Decisions
August 23, 2023  |  Real-Time Payments

For banks eyeing what they must do to get on board the FedNow Service to meet customers’ expectations for faster payments and integrate with the first new...

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Juniper Payments: FedNow Can Spur Credit Unions to ‘Reimagine’ Financial Services
Juniper Payments: FedNow Can Spur Credit Unions to ‘Reimagine’ Financial Services
August 16, 2023  |  Real-Time Payments

Only a few weeks after launching in July, the FedNow Service promises to help transform payments, commerce and banking. But as Dr. Jorge Jimenez, president of Juniper Payments, a PSCU company,...

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