The Fintech Times

NOVEMBER 14, 2024

According to new research from payments modernisation firm RedCompass Labs , 91 per cent of banks worldwide are juggling multiple, multi-year, multi-million dollar modernisation projects, however, many are struggling to meet modernisation demands. The choice is ours.

ISO 20022 59

ISO 20022 AI FedNow RTP 59

The Paypers

JUNE 27, 2025

The platform includes high-limit virtual and physical prepaid debit cards, ACH/RTP/FedNow bank transfers, and a full-service cardholder support system, as well as a live interpreter network that operates in over 25 languages. This is key for underserved or unbanked individuals, as no SSN or ID is required.

Debit Card 36

Debit Card Payment APIs and Integration BSA Stablecoins 36

Payments Dive

JULY 11, 2025

The shift will allow banks around the world to communicate, share data and operate by the same rules for cross-border payments, said Elias Ghanem, the global head of consulting firm Capgemini’s Research Institute for Financial Services. The change has a host of implications for international commerce, he explained during an interview.

ISOs 218

ISOs ISO 20022 FedWire Federal Reserve 218

Tearsheet

JANUARY 9, 2025

Todd Manning, VP of Global Commercial Services, American Express According to new internal research from Amex, Manning reports that 79% of business decision-makers wish they had more knowledge about embedded finance solutions, and 84% are actively looking for information.

Embedded Payments 59

Embedded Payments B2C B2B Payment APIs and Integration 59

Payments Dive

JUNE 17, 2025

By Lynne Marek • July 15, 2024 Lynne Marek/Payments Dive FedNow ‘could lower fees’ in future, analyst reports The Federal Reserve instant payments system may cut fees after it attracts more financial institutions, or in the face of competition, a Wolfe Research analyst said, citing a FedNow official. By Lynne Marek • Aug.

FedNow 78

FedNow Federal Reserve Privacy CFPB 78

Payments Dive

JUNE 18, 2025

Editors picks Lynne Marek/Payments Dive FedNow ‘could lower fees’ in future, analyst reports The Federal Reserve instant payments system may cut fees after it attracts more financial institutions, or in the face of competition, a Wolfe Research analyst said, citing a FedNow official. Please select at least one newsletter.

Cross-Border Payments 89

Cross-Border Payments Federal Reserve Cross-Border FedNow 89

Payments Dive

JULY 7, 2025

By Patrick Cooley • July 24, 2024 Lynne Marek/Payments Dive FedNow ‘could lower fees’ in future, analyst reports The Federal Reserve instant payments system may cut fees after it attracts more financial institutions, or in the face of competition, a Wolfe Research analyst said, citing a FedNow official. By Lynne Marek • Aug.

Laws 78

Laws FedNow Privacy Federal Reserve 78

Tom Groenfeldt

APRIL 16, 2025

RTP faced the same challenge that FedNow, the Federal Reserve’s instant payment platform, now faces. RTP has to overcome that hurdle of getting enough banks sending; FedNow has the same hurdle.” She said FedNow has a fraction of the nation’s DDAs participating. It started off slow and then now the volumes are pretty impressive.”

Real Time Payments 130

Real Time Payments RTP Advisors Payments 130

Payments Dive

JUNE 17, 2025

By Lynne Marek • July 17, 2024 Lynne Marek/Payments Dive FedNow ‘could lower fees’ in future, analyst reports The Federal Reserve instant payments system may cut fees after it attracts more financial institutions, or in the face of competition, a Wolfe Research analyst said, citing a FedNow official. By Lynne Marek • Aug.

FedNow 99

FedNow Privacy Federal Reserve Credit Cards 99

Payments Dive

JULY 11, 2025

Editors picks Lynne Marek/Payments Dive FedNow ‘could lower fees’ in future, analyst reports The Federal Reserve instant payments system may cut fees after it attracts more financial institutions, or in the face of competition, a Wolfe Research analyst said, citing a FedNow official. Please select at least one newsletter.

BNPL 78

BNPL Risk FedNow Privacy 78

Payments Dive

AUGUST 5, 2024

The Federal Reserve instant payments system may cut fees after it attracts more financial institutions, or in the face of competition, a Wolfe Research analyst said, citing a FedNow official.

FedNow 158

FedNow Federal Reserve Instant Payments Research 158

Payments Dive

MARCH 9, 2023

The real-time payments system due later this year could have particular appeal to unbanked and underbanked Americans, Fed researchers say.

FedNow 154

FedNow Fed Real Time Payments Research 154

Fintech Finance

SEPTEMBER 9, 2024

A new study from Juniper Research , the foremost experts in fintech & payment markets, has found the volume of global transactions via A2A (Account-to-Account) payments will rise from 60 billion in 2024 to 186 billion by 2029; an increase of 209%. per transaction.

Research 93

Research Transactions Consumer Instant Payments 93

The Fintech Times

JULY 24, 2024

Last year, the US Federal Reserve launched FedNow as a competitive alternative for instant payments in the US. In July 2023, FedNow was launched to the public and after a year of being out in the wild, over 600 financial institutions have adopted the instant payment method. ” And this is exactly what it did. .”

FedNow 59

FedNow Instant Payments RTP Federal Reserve 59

PYMNTS

NOVEMBER 25, 2020

And beyond TCH and RTP, the Federal Reserve’s FedNow real-time payments solution looms. Ranta said FedNow will create broader competition in the market. But that fragmentation will prove short-lived, as there are some on-ramps and off-ramps because of the central infrastructure provided through systems via TCH and FedNow.”.

Real Time Payments 114

Real Time Payments RTP FedNow TCH 114

The Fintech Times

SEPTEMBER 9, 2024

In fact, according to new research from Juniper Research , the fintech and payments markets researcher, the payment method could rise from 60 billion transactions in 2024 to 186 billion by 2029. The 209 per cent increase was recorded in Juniper Research’s How Open Banking Is Driving A2A Payments report.

Research 59

Research Transactions Instant Payments FedNow 59

PYMNTS

AUGUST 7, 2020

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. If all goes as planned, that is.

Fed 75

Fed Instant Payments FedNow Interbank Settlement 75

Fintech Finance

NOVEMBER 12, 2024

Banks worldwide are juggling multiple, multi-year, multi-million-dollar modernization projects, such as ISO 20022, SEPA Instant in Europe, and FedNow and RTP in the US. Over nine in ten (91%) banks now consider payments modernization a high priority, but research shows most are struggling to meet demands. The choice is ours.

ISO 20022 98

ISO 20022 AI FedNow RTP 98

PYMNTS

MAY 22, 2020

real-time payments void has hurt commerce, too, as PYMNTS research finds that close to 39 percent of small to mid-sized businesses (SMBs) have reduced payrolls to help relieve cash flow stress, and nearly 30 percent simply went under. The Paycheck Protection Program (PPP) disbursement fiasco, coupled with the U.S. The EU Model.

Faster Payments 137

Faster Payments Real Time Payments Cross-Border Payments 137

PYMNTS

OCTOBER 12, 2020

To be sure, recent PYMNTS research shows an increasing comfort level with digital payments, in general. Certainly FedNow is addressing the instant payment component of that.”. In an interview with Karen Webster published Monday (Oct.

Central Bank 93

Central Bank CBDC FedNow Digital Currency 93

Faster Payments Council

AUGUST 23, 2024

However, with the launch of FedNow and it's contemporary, ACH Real Time Payments, Pay-by-Bank is primed to launch as instant authorization and settlement is a significant benefit to all stakeholders in the payments ecosystem. We will wrap up with an interactive session for feedback on our research efforts.

FPC 128

FPC ISO 20022 Federal Reserve Instant Payments 128

PYMNTS

AUGUST 21, 2020

” Research into digital payments, of course, is nothing new for the Fed — and as Cunha offered by way of example, a few years ago his bank published research that found value in mobile payment tokenization. Conceivably, a CBDC may be interchangeable enough to port onto any number of other platforms, including FedNow, he said.

CBDC 107

CBDC Fed Federal Reserve ISO 20022 107

Clearly Payments

MARCH 18, 2024

A report by Juniper Research predicts that by 2024, there will be 4.6 In recognizing the significance of FedNow, we attain a comprehensive understanding of the ongoing enhancements in digital cash transfers across the nation. They’re also big fans of mobile wallets. When it comes to credit cards, they’re using them smartly.

Credit Cards 105

Credit Cards Federal Reserve FedNow Online and Mobile Banking 105

Fintech Finance

JULY 18, 2024

CNBC worked with market research firm Statista to list the leading 250 fintechs globally as part of CNBC’s World’s Top Fintech Companies 2024 report. market, leveraging instant payments on both RTP and FedNow to optimize the experience. Alexandre Gonthier, CEO of Trustly Inc.

FinTech 98

FinTech FedNow RTP Instant Payments 98

PYMNTS

AUGUST 14, 2020

In a speech delivered by webcast at the Federal Reserve Board and Federal Reserve Bank of San Francisco’s Innovation Office Hours, Fed Governor Lael Brainard said that the Federal Reserve Bank of Boston is working with researchers at MIT to “build and test a hypothetical digital currency oriented to central bank uses.”.

Digital Currency 113

Digital Currency Fed Federal Reserve CBDC 113

The Fintech Times

MAY 7, 2024

In fact, less than a third of US banks are signed up to either RTP or FedNow , meaning the vast majority cannot offer instant payments as a service; new research from RedCompass Labs , the payments modernisation company, has revealed. Across much of the world, instant payments have quickly become the norm.

Instant Payments 59

Instant Payments FedNow RTP Zelle 59

Faster Payments Council

SEPTEMBER 23, 2023

We will explore the launch of FedNow and the intricacies of operating with multiple instant networks.  Join the Federal Reserve and a panel of early adopters to hear how they built their business cases for the FedNow Service and the lessons learned on their journey towards implementation.

FPC 88

FPC Federal Reserve RFP Faster Payments 88

Fintech Finance

JANUARY 15, 2024

The increase is attributed to a surge of new customers, growth in real-time payments driven by the introduction of FedNow , and the need for US banks to modernize their payments technology. The research firm also reports that 40% of banks have moved their payments infrastructure to the cloud or are currently implementing a move.

FedNow 52

FedNow Real Time Payments Payments API 52

PYMNTS

OCTOBER 3, 2019

Harker turned to the issue of digital currencies after fielding a question about the Federal Reserve’s launch of a real-time payments service, FedNow. In the meantime, Harker’s staff is researching the issue, as well as planning a research conference for academics to be held next year. What comes next?

Digital Currency 55

Digital Currency Fed Federal Reserve Central Bank 55

PYMNTS

SEPTEMBER 27, 2019

House Committee on Financial Services Task Force on Financial Technology held a hearing to talk about the FedNow development and its U.S. House Committee on Financial Services Task Force on Financial Technology held a hearing to talk about the development of FedNow and its U.S. Today in the payments news roundup, the U.S.

Data Breach 49

Data Breach Breach RTP FedNow 49

PYMNTS

JANUARY 29, 2021

In this week's news, we saw Quevos secure funding, new data on loyalty and rewards programs, and research on how nonprofits are using digital payments. FedNow Details Pilot Program Participants. The Weekender is here to catch you up. 22-Year-Old Entrepreneurs Win ‘Shark Tank’ Deal for Quevos Startup. Trackers and Reports.

Digital Payments 55

Digital Payments FedNow Federal Reserve Debit Card 55

Fintech Finance

AUGUST 15, 2024

Payments can be settled via popular mobile wallets and debit card; with FedNow, and The Clearing House RTP available now. trillion by 2032 based on a report by Precedence Research. Recipients can claim their payment within seconds after funds are sent. “A The worldwide market for P2P payments was estimated to be worth $2.21

P2P 59

P2P Debit Network FedNow RTP 59

Fintech Finance

MARCH 28, 2024

We are in a new era of payments, where money is moved and tracked in real-time, driven by FedNow, RTP, and the rise of embedded payments. In fact, Modern Treasury research shows many companies face entrenched problems around manual operations, slow reconciliation, and complexity.

Treasury 52

Treasury Reconciliation Best Practices FedNow 52

Finovate

APRIL 2, 2025

Moderated by JT Thykattil , VP & Research Director, Forrester Research, the panel will include Aditya Vikram Singh of Capital One and Katie Quilligan of BankTech Ventures. ” and look at the challenges involved when building products on top of RTP and FedNow rails.

AI 66

AI Addressing Payments FedNow 66

Fintech Finance

FEBRUARY 27, 2024

Backbase, leveraging Alacriti’s Orbipay Payments Hub , will support end-to-end payment orchestration and processing through the RTP® network, the FedNow® Service, Visa Direct, Fedwire, and ACH payment rails.

Instant Payments 52

Instant Payments Payment Solutions ISO 20022 FedNow 52

PYMNTS

OCTOBER 24, 2019

What About FedNow? . FedNow , the Federal Reserve’s planned real-time payment system is not due to arrive until 2024, and it takes time for companies to realize new offerings. The announcement of FedNow is an affirmation of the future of real-time payments, but it was the success of Zelle that helped demonstrate consumer demand.

Cross-Border Payments 42

Cross-Border Payments Cross-Border B2B FedNow 42

Faster Payments Council

SEPTEMBER 12, 2022

Also, check out resources on the FedNow Explorer website and FedNow pilot program. In fact, 83% report they already use digital wallets or fintech mobile apps and 62% plan to use faster payments more.

FPC 88

FPC Federal Reserve Cross-Border Payments Faster Payments 88