FedNow

The advent of FedNow, the Federal Reserve Bank's instant payments network, has ushered in a new era of real-time capabilities. However, alongside this innovation, concerns are mounting about the potential acceleration of Authorized Push…

in advertisement The Federal Reserve revealed Thursday morning that its instant payment system, FedNow® Service, has officially gone live. This tool aims to enable banks and credit unions of all sizes to facilitate instant money transfers…

The Fed's upcoming instant payment system, FedNow, released Her list of approved "early adopters" on June 29. The organizations on the list have been certified ready to connect to the platform when it launches in late July. There…

“It would be a mistake to leave the Fed with a weak role for stable currencies.” — Jerome Powell June 21, 2023On the longest day of the year, Federal Reserve Chairman Jerome Powell took to the podium Testify before Congress and the…