Remove Consumer Remove Interbank Settlement Remove Liquidity Management
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5 Global Trends That Banks Can’t Ignore in H2 2025

Finovate

The CFPB is pulling back from Section 1033 and JPMorgan revealed to data aggregators that it plans to increase the cost for them to pull consumer data. In the latter half of the year, we can expect to see real world implementations, particularly in wholesale payments, interbank settlement, and liquidity management.

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FedNow’s Montgomery: Gearing Up For 2023-24 — And Instant Payments Competition

PYMNTS

As reported in August, the Fed had announced some additional details of the 24/7 year-round interbank settlement service through a program that began to take shape in 2019, geared toward speeding processing times tied to instant payments (and featuring a clearing function). Digital Dollars, Too? . How does one then turn that into cash?

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Deep Dive: Weighing The Federal Reserve’s Faster Payments Proposal

PYMNTS

million Australian consumers — more than 5 percent of the population — registered with the service within its first month. . The Federal Reserve’s Faster Payments Task Force established a goal in July 2017 that any consumer or business with a U.S. Payments: Consumer Preferences. Consumer Credit: Rising Usage” report.