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Ticking Off The Boxes On The Fed’s Checklist Of B2B Payments Priorities

PYMNTS

“The intent of the organization is to help payers better identify [the] payee information they need in order to make electronic payments,” he said in an interview, adding that the directory aims to be “payment agnostic” and support payments made via a variety of rails, including FedWire, ACH, SWIFT, lockbox and, yes, paper check.

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The Impact of FedNow on the US Payments Landscape

Segpay

The Federal Reserve’s goal is to achieve wide adoption of FedNow over time, much like the Fedwire ® Funds Service and FedACH ® Services. Source: pymnts.com Its speed, competitive pricing, and integrated fraud management features are bound to attract a wide network of participating FIs.

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