Uptake of FedNow among U.S. banks remains limited, partly due to the cost and complexity of implementing the system, but ...

The question is no longer whether the financial services industry needs a unified approach to combating instant payment fraud ...

Credit and debit fees are ultimately passed on to consumers in the form of higher prices. But they’re usually paid by the ...

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 ...

Starting this summer, the Federal Reserve’s real-time payments system will let banks send payments up to $1 million, twice ...

The system, known as FedNow, operates 24 hours a day, seven days a week. That means you can get funds deposited in your ...

While exploring the potential of a central bank digital currency (CBDC), which would, of course, have given the Biden administration far greater control over payments and consumer financial data, it ...

Security worries have kept many financial institutions from sending payments on TCH's real-time payments network and FedNow.

Dwolla, a US-based A2A payment solution, has recently announced the general availability of its expanded integration with ...

The new FedNow system is available 24 hours a day, 365 days a year and, according to the government, is approximately five ...

The Atlanta Fed’s GDPNow model on Friday lowered its forecast for the U.S. economy to a contraction at a 1.5% annual rate.