Payment Savvy

MAY 15, 2023

The Federal Reserve Bank is currently developing a new instant payment service called “FedNow” that will allow financial institutions to make instant payments. The development of the FedNow service is a response to the growing demand for efficient instant payment services in the digital age.

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Faster Payments Council

SEPTEMBER 23, 2023

(Foundry Ballroom) This session will highlight faster payments Use Cases focused on real-life case studies from a variety of perspectives such as business end-users and financial institutions that are applying instant payments. We will explore the launch of FedNow and the intricacies of operating with multiple instant networks.

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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. Celebrating its first birthday, we review how the instant payments service has been adopted over the past year. Are instant payment methods becoming more mainstream in the US?

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The Fintech Times

DECEMBER 15, 2023

Today our selection of leaders discuss the evolving payment landscape in 2024, touching on trends like convergence of personal and corporate payments, real-time cross-border payments, interoperability’s influence, and the significance of orchestration in streamlining payments in the travel sector.

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PYMNTS

FEBRUARY 4, 2019

Against this backdrop, the Federal Reserve proposed creating its own real-time payments service in October 2018. The system would facilitate 24/7 year-round interbank settlements of faster payments and also provide a liquidity management tool to support transfers between Federal Reserve accounts.

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PYMNTS

JANUARY 25, 2019

Federal support could also come from a proposed real-time liquidity management tool. The Federal Reserve has suggested that it could create this offering, which would settle payments between Fed-held bank accounts in real time.

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PYMNTS

JULY 26, 2019

Spain-based CaixaBank is one financial institution investing in some of the newer payment infrastructures and rails available today. Many recent payment developments, such as Real-Time Payments, PSD2, Open Banking, payments based on DLT and, of course, gpi, are dramatically changing the payments ecosystem,” she noted. “We

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Trade Credit & Liquidity Management

APRIL 10, 2025

Fintech-Enabled Solutions: Platforms like Routable specialize in scaling RTP for vendor/contractor payments, including seamless integration with accounting systems (e.g., Cost Reduction Implementing real-time payments can lead to significant cost savings.

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