Finovate

JULY 16, 2025

Meanwhile, banks and fintechs are ramping up their use of AI, navigating new regulatory requirements, and adapting to global momentum around real-time payments and digital identity. Tokenization takes over In the first half of 2025, we saw major pilots for tokenized deposits, treasuries, and real-world assets (RWAs).

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ISO 20022 Interbank Settlement Third Party Vendors Stablecoins 52

PYMNTS

JUNE 4, 2019

Payment company PayFi and The Clearing House (TCH) have partnered to bring real-time payments technologies to the community banks on PayFi’s Branch99TM Real-Time Platform, according to a release. “We PayFi said its RTP network is the first new core payments infrastructure in over 40 years.

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Real Time Payments ISO 20022 RTP Interbank Settlement 48

PYMNTS

AUGUST 7, 2020

For the Federal Reserve, real-time payments will take time — three or four years’ time, to be specific. Instant payments will enable millions of American households and small businesses to get instant access to funds, rather than waiting days for checks to clear.”. If all goes as planned, that is.

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PYMNTS

OCTOBER 12, 2020

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. Interoperability is a core component” of FedNow, said Montgomery.

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