Tag: FedNow

A year into the FedNow era, the Federal Reserve’s instant payments service has been successful by many measures. With more ...

July 20, 1969, marked the day when human beings first set foot on the moon, forever changing how we viewed ...

The RTP Network, the instant-payments organization operated by The Clearing House, crossed a milestone by processing $1 billion in a ...

The Atlanta Fed is making a strong case that instant payments—which can settle in seconds and be immediately available to ...

Instant payments systems have gained traction in countries that had cash-based payments infrastructures. While services like FedNow and the RTP ...

The United States has been slow to fully embrace the open-banking philosophy, but there are signs the shift is accelerating. ...

The United States is a unique banking market, with more than 11,000 financial institutions and some of the most stringent ...

The Federal Reserve Bank of Kansas City examined the capability of U.S. depository institutions (DIs), including banks and credit unions, ...

The implementation of FedNow is a chance for financial institutions to entirely rethink their payment systems and carefully assess the ...

Fewer than 500 banks out of the roughly 4,000 U.S. banks are making use of the Federal Reserve’s instant payment ...