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From Regulation to Resilience: Why the ECB’s Intraday Liquidity Guidelines Signal a Strategic Shift

Finextra

A shift that requires frontline teams and leadership to think in real time, act on granular data, and elevate liquidity management from a back-office concern to a boardroom priority. Even with the latest technologies and sharpest leadership vision at play, real-time liquidity risk isn’t going away.

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Get Paid Faster: Adopt an AI Solution That Integrates Credit Decisions into Your CRM

Trade Credit & Liquidity Management

No feedback loop : Payment behavior and dispute history aren’t fed back into credit models. Without access to credit data, they may offer discounts too early or skip tightening terms for risky accounts, which can reduce margins and increase risks. No ongoing monitoring : Creditworthiness is reviewed only once, usually during onboarding.

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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). The Timeframe . Digital Dollars, Too? .

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Citizens Bank’s Corporate Real-Time Payments Play

PYMNTS

Federal support could also come from a proposed real-time liquidity management tool. The Federal Reserve has suggested that it could create this offering, which would settle payments between Fed-held bank accounts in real time. As TCH further expands RTP, the Fed is examining whether to create its own real-time rail.

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

PYMNTS

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. The Fed sought feedback on the system, which brought in more than 380 responses.

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How Banks Can Overcome 10 Challenges with FedNow Payment Sending and Acceptance

Finovate

Before considering the challenges behind sending and receiving FedNow payments, here’s a look at some of the data behind adoption rates: Only around 900 financial institutions have connected to the FedNow network, a fraction of the 8,000 firms the Fed stated as its goal. per RFP message, charged to the requestor.

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FPC 2023 Fall Member Meeting

Faster Payments Council

Speakers: Matt Brazda, Cross River; Mayank Singhal, Circle; Scarlett Heinbuch, Atlanta Fed; Marcia Klingensmith, FinTech Consulting 3:10pm-3:20pmCT: Networking Break (Foyer) 3:20pm-4:25pmCT: Panel Session – Accelerate the Pace of Faster Payments Implementation in the U.S.

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