So for many Americans, the traditional, and slower, Automated Clearing House (ACH) system remains the only option. But as ...

FedNow offers faster payments ... familiar from getting direct deposited paychecks or depositing physical checks, is ACH. This is known as a deferred net settlement system. Individual checks ...

The Federal Reserve's FedNow Service, meanwhile ... For now, however, the faster payment rails are expected to remain small compared with other methods like ACH, even as more banks and customers are ...

Rahul Sharma is a senior project manager with US Bank, specializing in open banking APIs and embedded payments technology.

offering clients and end-users access to ACH, Real-Time Payments (RTP), and FedNow services. "Businesses need banking partnerships that prioritize flexibility, reliability, and risk mitigation ...

In fairness, the US is trying to do better. For years, the Federal Reserve has been building out an instant payments system ...

Aeropay, a leading provider of pay-by-bank solutions, announced its partnership with Regent Bank today, further expanding its ...