PYMNTS

SEPTEMBER 17, 2019

“Because we are a bank [as well as a payments processor], we can deposit their credit card proceeds the same day, including weekends, at no additional cost,” explained WePay CEO Bill Clerico in an interview at the time. Community Banks Go Real Time. Treasurers See Faster Payments Benefits.

B2B 43

B2B RTP Bankers' Bank Accounts 43

Finovate

OCTOBER 16, 2024

Banks connected to the FedNow network range in size from under $500 million to more than $3 trillion in assets. Of the FedNow participants, 78% are community banks and credit unions. The Fed also charges a liquidity management fee of $1 per transfer. per RFP message, charged to the requestor.

FedNow 59

FedNow Instant Payments Disputes Federal Reserve 59

PYMNTS

FEBRUARY 4, 2019

The system would facilitate 24/7 year-round interbank settlements of faster payments and also provide a liquidity management tool to support transfers between Federal Reserve accounts. Community banks and credit unions also offered their backing.

Faster Payments 73

Faster Payments Federal Reserve Real Time Payments TCH 73

Faster Payments Council

SEPTEMBER 23, 2023

Speakers: Keith Vander Leest, Cross River; Cory Barnes, Form3; Booshan Rengachari, Finzly; Elspeth Bloodgood, Jack Henry 1:55pm-2:10pmCT: Networking Break (Foyer) 2:10pm-2:50pmCT: Panel Session – Liquidity Management, A.K.A.

FPC 88

FPC Federal Reserve RFP Faster Payments 88

Tearsheet

MAY 29, 2025

The conference explored the concept across three key areas: Money at Rest: Strategies for managing and optimizing idle capital. Money in Motion: Innovations in payments, liquidity management, and money movement. “I’m sort of a sucker for small local banks.

BNPL 52

BNPL Credit Cards Debit Card Underwriting 52