FedNow

BIS: Crypto’s ‘Inherent’ Flaws a Threat to Monetary System 
BIS: Crypto’s ‘Inherent’ Flaws a Threat to Monetary System 
July 11, 2023  |  Cryptocurrency

There may be no room for crypto within banking or traditional financial services at all. And in fact, the Bank of International Settlements said in...

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Federal Reserve Reports 57 ‘Early Adopters’ Certified for FedNow Service
Federal Reserve Reports 57 ‘Early Adopters’ Certified for FedNow Service
June 29, 2023  |  Real-Time Payments

There will be organizations ready to send and receive transactions when the FedNow Service launches. Fifty-seven early adopter organizations, including both financial institutions (FIs) and...

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How Real-Time Payments Can Right-Size Small Business Cash Flow
How Real-Time Payments Can Right-Size Small Business Cash Flow
June 28, 2023  |  SMBs

Small and medium-sized businesses (SMBs) haven’t been able to catch a break in recent years. But tough times make tough companies. Still, after emerging straight...

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FedNow’s Success Hinges on Getting Enough Banks to Connect — and Use It
FedNow’s Success Hinges on Getting Enough Banks to Connect — and Use It
June 28, 2023  |  Real-Time Payments

As the world becomes increasingly digital, the idea of instant gratification has become the norm. From streaming movies to ordering groceries, consumers expect everything to...

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Merchants View Pay by Bank Options as Opening for Personalized Payments
Merchants View Pay by Bank Options as Opening for Personalized Payments
June 23, 2023  |  Payment Methods

Money movement is moving into the future across new payment rails. That’s why, if the transition from paper cash to electronic money ever feels to...

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FedNow’s Rollout Will Spur ‘Major Shift’ for Businesses and Digital Wallets, Says Trustly
FedNow’s Rollout Will Spur ‘Major Shift’ for Businesses and Digital Wallets, Says Trustly
June 14, 2023  |  Faster Payments

“We have not launched a new payment rail since RTP, and the Fed hasn’t launched a new payment solution for a handful of decades. So...

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Credit Unions Gear Up to Build Instant Payments Ecosystems as FedNow Looms
Credit Unions Gear Up to Build Instant Payments Ecosystems as FedNow Looms
June 13, 2023  |  Credit Unions

July 2023 will mark the second time in six years that a new real-time payments rail will go live in the United States. And with...

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Batch Payments to Become a Long-Lived Reality in Real-Time World
Batch Payments to Become a Long-Lived Reality in Real-Time World
May 24, 2023  |  Real-Time Payments

The shift toward real-time payments won’t doom batch payments to extinction. There’s room for co-existence, Mark Staunton, head of customer success in North America at Form3, told...

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ACI Worldwide Teams With Corporate One for FedNow Launch
ACI Worldwide Teams With Corporate One for FedNow Launch
May 16, 2023  |  Faster Payments

ACI Worldwide says it is among the first payments firms certified for the U.S. Federal Reserve’s FedNow instant payments service, due to launch in July....

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