The decision could impact financial markets, raise interest rates, and highlight fiscal challenges for the U.S. government.

This is an excerpt from The Future of US Digital Payments 2025: ACH & Beyond.

The race to succeed Jay Powell as Federal Reserve chair is starting to play out in the open as President Trump makes it increasingly clear he doesn't like how the central bank is being run.

The legislation would cut federal employees’ take-home pay, trim their pensions and shrink ... into the Federal Employees Retirement System, or FERS, to 4.4 percent. Currently, those hired ...

In fact, the system found $334 ... for ~$4.7 Trillion in payments and was often left blank, making traceability almost impossible. As of Saturday, this is now a required field, increasing insight ...

Jim Colassano, SVP, product development, The Clearing House, explored how the focus is now on ensuring banks can send and receive instant payments ... about the Federal Reserve’s announcement ...

The Federal Reserve has kept rates ... Savings Connect Account pay great interest rates that are on par with what best high-yield savings accounts offer right now. The CIT Bank Savings Builder ...

From left: KCB Group CEO, Paul Russo, Trade Cabinet Secretary Lee Kinyanjui and PAPSS CEO, Mike Ogbalu III, during the launch of the Pan-African Payment & Settlement System in Nairobi, on February ...

It’s also possible customers could use the “buy now, pay later” system on other food deliveries while still paying off prior purchases. This might not be a problem for those who are used to ...

A growing trend in the United States shows more consumers using “buy now, pay later” (BNPL) services to cover essential purchases, including groceries. “A lot of people are struggling and ...

Buy now, pay later has emerged as a wildly popular way to pay by splitting purchases into smaller payments. It can help in times of financial hardship, but is it always a good option? Student ...

Atop the panel’s laundry list of benefit cuts would involve the four-year phase-in of the 2013 Federal Employees Retirement System employee ... to 4.4% of basic pay did not apply to federal ...