Stories Tagged as
FedNow
The Federal Reserve could help instant payments catch on
by
Justin Ho
Aug 2, 2023
Many small banks have been hesitant to offer instant payments, even though they’ve been available for years. But the central bank’s FedNow service could cause more banks to give instant payments a try.
FedNow payment system launches
Jul 21, 2023
The Federal Reserve's payment system will allow participating banks to transfer money within seconds.