Payments Dive

SEPTEMBER 28, 2022

Jessica Cheney, a vice president at Bottomline Technologies, aims to dispel myths about the meaning and impact of the coming Federal Reserve instant payment system.

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PYMNTS

MAY 6, 2020

The Federal Reserve has formed a FedNow Community group for its upcoming instant payment offering, the FedNow Service , and needs volunteers to support it, the Fed announced Wednesday (May 6). Last summer, PYMNTS reported the FedNow initiative was expected to speed up the time it takes to process paper checks, inching the U.S.

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Payments Dive

MAY 18, 2023

ACI Worldwide has fired its chief technology officer just as it’s gearing up for the FedNow real-time payments system.

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Technology FedNow Real Time Payments Payments 97

Bank Automation

NOVEMBER 30, 2023

Financial institutions may consider which payment rails to integrate — whether RTP or FedNow — but the right answer might be both. “I recommend to financial institutions that if they’re going to just receive, do both rails,” Jeff Bucher, senior product manager for money movement solutions at Alkami Technology, tells Bank Automation News on […] (..)

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RTP FedNow Automation Product 80

Trade Credit & Liquidity Management

JUNE 24, 2025

Rival network FedNow raised its own limit from $500,000 to $1 million on June 24, 2025. Impact on B2B Payments Being one of the owners of The Clearing House , BofA played a significant role in developing the RTP® network in consultation with peer banks, technology firms, and the U.S. Federal Reserve. financial industry.

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Real Time Payments B2B RTP Volume 52

Fintech Finance

JUNE 25, 2024

headquartered in Texas, to deliver instant payments capabilities to the banks global business and consumer customers through the Federal Reserve’s FedNow® and The Clearing House’s RTP®. As of February 2024, over 470 banks and credit unions are participating in the FedNow network.

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FedNow RTP Instant Payments Payment APIs and Integration 93

Finovate

NOVEMBER 14, 2024

Payfinia’s IPX platform will play a key role in the CUSO, helping organizations leverage FedNow to offer instant payments while providing fraud prevention. ” The IPX platform was originally launched by Tyfone in July of 2023 in conjunction with the Federal Reserve’s FedNow instant payment service. million in the organization.

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Fintech Finance

JULY 30, 2024

This breakthrough enables payment processors, retailers, and merchants to drastically reduce payment processing costs and boost customer loyalty with closed-loop wallet apps by integrating real-time payments over The Clearing House’s RTP and FedNow network rails from the largest banks in the US.

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RTP FedNow RFP Payment APIs and Integration 98

Bank Automation

FEBRUARY 26, 2024

Technology provider FIS is now certified to send and receive payments on the FedNow payments rail as demand for the rail grows. FIS has 215 clients in contract or in the pipeline for the Federal Reserve’s payments rail, Chief Executive Stephanie Ferris said during the company’s fourth-quarter earnings call today.

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FedNow Payments On-Demand Technology 78

The Payments Association

JUNE 19, 2025

We are particularly excited by the recognition among central banks, including being featured on the United States Federal Reserve’s FedNow Marketplace, and global regulators that Payall’s software is a breakthrough in managing counterparty risk and compliance obligations.” Coursera, Spotify, Zilch and Tekever.

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Cross-Border Payments Cross-Border Correspondent Bank Correspondent 88

Fintech Finance

OCTOBER 2, 2024

Duck Creek Technologies , the intelligent solutions provider defining the future of property and casualty (P&C) and general insurance, today introduced its latest insurance-focused payments solution, the Duck Creek Payments Facilitator. In today’s fast-evolving insurance landscape, carriers require more than just transactional solutions.

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Facilitators Payment Solutions Technology FedNow 97

Fintech Finance

DECEMBER 11, 2024

Volante Technologies , the global leader in Payments as a Service (PaaS), today announced the release of its fourth annual survey of mid-tier banks. Cloud and PaaS Technology are Driving Transformation Cloud and PaaS solutions enable leading mid-tier banks to modernize, scale operations, streamline compliance, and reduce operating costs.

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ISO 20022 ISOs Technology Real Time Payments 52

Finovate

FEBRUARY 20, 2025

Finzly’s technology enables 100% straight-through processing (STP) and will help ensure the bank is compliant with upcoming ISO 20022 regulations. The company most recently demoed its technology at FinovateSpring 2022 in San Francisco. Finzly is a two-time Finovate Best of Show award winner.

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FedWire ISO 20022 ISOs Payment APIs and Integration 114

Fintech Finance

JANUARY 6, 2025

Founded in 2021 by Philip Kelvin and Beau Allison, Tranch has set a new standard for law firms in the management of invoices and payments, enabling firms to streamline and automate their payment processes and increase cashflows through improved speed and efficiency in invoice delivery, billing and collections.

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Laws B2B Process Acquirers 98

PYMNTS

AUGUST 15, 2019

The Federal Reserve has announced a leader of the new FedNow service, which was created to facilitate faster payments in the country with interbank real-time gross settlement (RTGS), as well as integrated clearing, according to a release. First Vice President Kenneth C. More information will be posted soon on the site.

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FedNow Real Time Gross Settlement (RTGS) Faster Payments Federal Reserve 63

Finextra

FEBRUARY 4, 2025

FIS (NYSE: FIS), a global leader in financial technology, today announced it is one of the first providers in the fintech industry certified to enable send capabilities for credit transfers in the Federal Reserves FedNow instant payment service.

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PYMNTS

AUGUST 12, 2019

FedNow is positioned as a competitor to the private systems, with TCH as its only real-time domestic account-to-account competitor, but it also competes with cards and ACH. Still, they will need to weigh the cost of all that work against the upsides of FedNow. FedNow, of course, isn’t NOW at all – it is FedWAIT5YEARS.

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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. .”

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Payments Dive

JULY 2, 2025

Deep Dive Opinion Library Events Press Releases Topics Sign up Search Sign up Search Retail Banking Restaurants Regulations & Policy Risk Technology B2B An article from Processors lean on AI to fight fraud Payments players are urging Washington policymakers to leave artificial intelligence less regulated so they can use it to fight fraud.

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Processors AI FedNow Federal Reserve 60

PYMNTS

DECEMBER 16, 2019

central bank to consider modeling FedNow after the Unified Payments Interface (UPI) framework used in India, The Economic Times (ET) reported on Sunday (Dec. FedNow is the new interbank real-time gross settlement (RTGS) service that will offer integrated clearing functionality for faster digital payments. billion now.

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FedNow Real Time Gross Settlement (RTGS) Federal Reserve Payment APIs and Integration 57

Tearsheet

FEBRUARY 16, 2024

However, the landscape has become more competitive with the introduction of FedNow , the Federal Reserve’s instant payments system that launched last year in July. FedNow and RTP are eyeing new use cases to compete for bank partnerships, however, achieving widespread adoption remains a shared hurdle for both instant payment rails.

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Instant Payments RTP TCH Visa 119

Nanonets

SEPTEMBER 1, 2023

The US Federal Reserve's new payment rail FedNow can shake up the landscape, offering significant time and cost savings. In this blog post, we delve into how FedNow could impact businesses and their vendor payment practices. What is FedNow? Startups, in particular, are vulnerable to hefty late fees.

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The Payments Association

JUNE 3, 2025

Once a system for masking sensitive data, tokenisation has evolved into a foundational technology for enabling secure, interoperable, and scalable digital payments. This foundational technology is reshaping how identity, consent, and value are managed in the digital economy, from safeguarding transactions to enabling new economic models.

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Fi911

AUGUST 1, 2023

The US Federal Reserve has introduced FedNow ; a new instant payment platform that will facilitate transactions at any given time. What is FedNow? FedNow is the Federal Reserve’s innovative real-time payment service. FedNow is accessible to all banks and credit unions. However, participation is not mandatory.

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Fintech Finance

MARCH 28, 2024

Introduced in July 2023, the FedNow service was launched for US banks to provide a new instant payments infrastructure across the country. Nick Botha draws attention to one key strength of FedNow: it has the backing of the Federal Reserve. Star One Credit Union, where Gupta is SVP, have been vocal about their support of FedNow.

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Segpay

JUNE 13, 2024

What is FedNow? Last year, the Federal Reserve launched FedNow, an instant payment service expected to revolutionize the US payment landscape. Since its launch in July last year, about 700 banks and credit unions have joined the FedNow network, and this list is expected to grow as the Fed seeks 8,000 financial institutions.

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FedNow Federal Reserve Real Time Payments Instant Payments 52

Fintech Finance

MAY 15, 2024

Temenos (SIX: TEMN) today announced that Commerce Bank , a top US bank, has gone live with FedNow on Temenos Payments Hub delivered as Temenos SaaS, enabling real-time payments on a secure, scalable and continuously updated platform. This latest go-live enables Commerce to offer FedNow real-time payments using Temenos Payments Hub.

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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.”.

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Real Time Payments RTP FedNow TCH 114

Finovate

DECEMBER 24, 2024

“Infinant’s deep experience in banking technology and their advanced platform tailored to bankers were key factors in our decision to select them as our partner,” Legend Bank Fintech Strategic Partnerships Lead John Michael Davis said.

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Payments Source

AUGUST 30, 2019

Crypto technology will play a major role in the central bank's real-time payments system.

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PYMNTS

JANUARY 26, 2021

In today’s top news, Flywire could file for an IPO later this year that could value that company at $3 billion, and Mastercard debuted new quantum-resistant technology for contactless payments. Plus, the Federal Reserve released its list of over 110 organizations participating in its FedNow instant payments pilot program.

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The Payments Association

MARCH 19, 2025

The financial world is moving toward real-time payments, embedded finance, open banking, AI, robot process automation (RPA), and global interoperabilitybut outdated technology is slowing banks down, creating higher security risks, compliance challenges, and operational inefficiencies. Deliver, or fail fast, fix, and move on!

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Payment APIs and Integration Innovation Cross-Border ISO 20022 88

Fintech Finance

JANUARY 30, 2024

Finzly , the pioneering provider of modern payment infrastructure for financial institutions, today published a report that includes polling results of bank executives’ expectations for profitability from offering instant payments using FedNow. To read the full report with poll findings go here.

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FedNow Instant Payments RFP Payment APIs and Integration 52

Finextra

JUNE 9, 2025

FedNow is also reporting significant growth, with more than 1.3 In June, FedNow will increase its limit to $1 million. Crucially, this should be a technology partner that can support from devising the payments technology strategy through to implementation and roll-out. year-over-year in the first quarter of 2025 [1].

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ISO 20022 ISOs FedNow TCH 52

Clearly Payments

OCTOBER 31, 2024

Future Outlook of Payment Methods The payment landscape is evolving quickly as technology advances and consumer preferences shift towards digital, mobile, and real-time solutions. This demand has spurred initiatives like FedNow in the U.S.

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The Paypers

SEPTEMBER 15, 2023

Opus Technologies has stated that it will assist banks and fintechs in adopting the Federal Reserve's FedNow Service, enabling real-time payments and customer-centric solutions.

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Payments Next

OCTOBER 31, 2023

By Michael Meeks, SVP of Software Development at BHMI Growing demand from consumers and businesses and the rollout of FedNow are expected The post 4 Challenges in Real-Time Payments and how to address them first appeared on Payments NEXT.

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