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US Banks Are ‘Conflicted With Worries’ as Demand for Instant Payments Grows; Reveals RedCompass Labs

The Fintech Times

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. However, the same cannot be said in the US. Hewson also added: “There is no going back.

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To Accelerate Payments, Mix Rails Or Nix Rails?

PYMNTS

Faster Payments Council revealed the payments industry’s demand for interoperability as well as value-added services and features in any new, faster payments service that emerges, including the Federal Reserve’s FedNow service. Faster Payments Interoperability is a Must. A new report from the U.S. On Monday (Nov.