The Federal Reserve launched a new instant payment system, FedNow, on July 20. It promises to open the world of instantaneous money transfers, at any hour of any day, to the masses — at least in the U ...

With help from a national pilot group that includes three Indiana-based banks, the Federal Reserve will soon launch an instant-payment service that could help smaller banks and credit unions keep up ...

Being able to close on a home at any time on any day of the year has long been a pipe dream, but the Federal Reserve’s new FedNow instant payment system looks to be making that dream a reality.

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. This is an excerpt from the Future of Payments 2025 report.

The Federal Reserve has launched an instant payment service called FedNow, which allows banks and credit unions to sign up to send real-time payments so they can offer customers a quicker way to send ...

Intended to accelerate the rollout of real-time payments in Europe, the EU’s Instant Payment Regulation (IPR), which came ...

SAN FRANCISCO--(BUSINESS WIRE)--Matera, maker of world-class instant payment and QR code technology for financial institutions, today announced its move into the U.S. with new headquarters in San ...

Five years ago, instant payments in Africa were the preserve of a small elite population with fully fledged bank accounts linked to their ...

Within a month of each other, the UK Payment Systems Regulator (PSR) issued a consultation paper on Authorised Push Payment (APP) scams with the European Commission (EU) issuing a Proposal amending ...

There is an opportunity for it to decide, from an instant payment perspective, what is their journey,” said Ms Mensah ...

NEW YORK--(BUSINESS WIRE)--Citi’s Treasury and Trade Solutions (TTS) launches domestic instant payments in Brazil bringing its global footprint to 28 markets in multiple geographic regions. Usage of ...