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Why the U.S. has reached a real-time tipping point

Finextra

FedNow is also reporting significant growth, with more than 1.3 Nacha’s Smarter Faster Payments conference highlighted the progress that is now being made to expand use-cases and benefits. In June, FedNow will increase its limit to $1 million. The use of real-time and near real-time payment rails is also expanding.

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Tokenisation 2.0: Are we ready for the next generation of payment security?

The Payments Association

This enables rapid scaling of new payment use cases, without duplicating risk exposure. This means tokenisation isnt just about protecting data anymoreits also about giving consumers more visibility into how their payment credentials are used, and ensuring providers can demonstrate compliance at every step.

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Why staying put is no longer the safe option for payments innovation

The Payments Association

Ensure seamless payment integrations across multiple regions, supporting local schemes like SEPA, FedNow, FPS, and instant payments without complex workarounds. By addressing focused use cases, banks can reduce risk, improve ROI, and incrementally build toward a fully modernised, scalable banking, cards, loans and payments infrastructure.

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Finzly Announces its Stablecoin and Tokenized Deposits Strategy for Its API-First, Multi-Rail Payment Platform

Fintech Finance

Finzly , a leader in modern, API-first payment infrastructure, announced its preparation to support stablecoin and tokenized deposits —adding to its platform that already supports Fedwire, RTP, FedNow, ACH, SWIFT, and cross-border rails. What are the use cases and benefits of stablecoins and tokenized deposits for financial institutions?

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Finzly Among the First to Receive Fed Certification for Fedwire ISO 20022

Fintech Finance

Finzly , the pioneering provider of modern money movement systems to financial institutions, has announced its achievement as one of the first Third-PartyService Providers (TPSP) to be certified for compliance to ISO 20022 messaging standards for Fedwire.

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FPC 2024 Fall Member Meeting

Faster Payments Council

Financial Institutions are enabling use cases and improving send reach that allows customers to manage their cash on hand and easily disburse payments up to the due date while maintaining a positive account status and avoiding late fees. It's time to confront the harsh reality—innovation alone doesn't drive broad adoption.

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

PYMNTS

In an interview with Karen Webster, Boston Federal Reserve Chief Operating Officer and FedNow Program Executive Ken Montgomery said the central bank’s ambitious payments initiative remains on track — and will inject competition into the instant payments market. He noted there has been additional input from the FedNow Community of 700 members.