The White House had been pushing for a rate cut. With inflation not far from the Fed's 2% target for now, Trump and Treasury Secretary Scott Bessent argued that the Fed could reduce its rate.

The Federal Reserve launched a new instant payment system, FedNow, on July 20. It promises to open the world of instantaneous money transfers, at any hour of any day, to the masses — at least in ...

There is already a worker shortage within the United State Postal Service and at the same time, USPS' footprint is expanding ...

Balance, the financial infrastructure platform for B2B commerce, today announced the launch of Instant Bank Connection, a new capability powered by Real-Time Payment (RTP) rails that simplifies ACH ...

By combining RTP-powered bank verification with AI-powered credit management, billing, collections, and cash application, Balance empowers merchants to reduce overhead, improve cash flow ...