Payment Speed news and trends

The Fed Wants To Know How It Can Make Payments Move Faster

October 04, 2018
Interviews & Exclusives
The Fed Wants To Know How It Can Make Payments Move Faster

October 04, 2018
The Fed is seeking public comment from stakeholders on moving to faster payments, always on and always available. Fed Gov. Lael Brainard said in a speech Wednesday that there's a path for real-time gross settlements between banks, giving consumers and businesses the speed and transparency they've come to expect in the digital age.