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GENIUS Act Clears the Way for Stablecoin-Powered Embedded Finance

Finextra

These dollars may be digital, but they’re private-sector dollars, not Fed-issued coins. Stablecoins can settle payments in near real-time, at any time of day or night. There’s no “Federal Deposit Insurance” safety net here, and no pretending a private stablecoin has Uncle Sam’s guarantee.

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Fed Says America Needs Instant Payments As Soon As Possible

PYMNTS

Federal Reserve Board members this week shed some light on the timing and mechanics of FedNow — an always-on, fully interoperable interbank-settlement service that will give rise to instant payments in the United States. 6) symposium highlighting the Fed’s approval of the FedNow system, Fed Gov. In a Thursday (Aug.

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Fed Becomes Founding Sponsor Of Faster Payments Council

PYMNTS

Faster Payments Council (FPC) as a founding sponsor, the Fed announced in a press release on Thursday (Dec. so people can make secure payments anytime or anyplace, with near-real-time funds availability. The Federal Reserve System has joined the U.S.

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Account-to-Account Payments: The New Banking Disruptor?

Segpay

Pay by bank transactions are less than card transactions and can offer faster settlements due to real-time or near real-time settlements. This can improve cash flow as funds from bank transfers can be deposited into the merchant’s account in real time. Processing fees are also lower.

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What’s Fast And Slow And Read All Over?

PYMNTS

One such innovator recognized the vast commerce potential that could be unlocked if new technologies were used to move money and messaging between people in near real-time. His ask, at the time, was nothing more than to meet again once he rustled up some capital and a few like-minded innovators to further flesh out his idea.

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Mastercard and Salesforce Announce New Integration to Transform Transaction Disputes

Fintech Finance

Mastercard’s services include Ethoca Alerts, which provides near real-time notifications when a financial institution raises a chargeback and Ethoca Consumer Clarity, enabling the provision of rich merchant and purchase insights to issuer back-office teams.

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Community Banks Embrace Faster Payments’ Competitive Edge

PYMNTS

” Despite the Fed’s finding of a high-satisfaction rate with community lenders, these smaller banks face significant competition.