A few U.S.-based commenters mentioned FedNow, a new payment service launched by the Federal Reserve in 2023 that allows real-time payments. However, its adoption has been slow. “FedNow is a new system ...

The new banks would connect directly to real-time payment rails like FedNow and ACH to potentially lower retailers’ ...

B Alabama Credit Union, serving communities across Alabama and northern Florida, is leveraging the Apiture Consumer Banking and Business Banking solutions to support its members. Understanding that ...

Majeske added that while ACH remains foundational, real-time rails like RTP and FedNow are changing expectations. "I also would kind of include Visa Direct in that as well," he said, noting that ...

the ACH network, (ii) the Real Time Payment or FedNow℠ network, (iii) third party services that facilitate payments to your debit card using the Visa® or Mastercard® network OR a balance at the ...

This article was produced for ProPublica’s Local Reporting Network in partnership with The Current. Sign up for Dispatches to get stories like this one as soon as they are published. Last summer ...

Federal Reserve Bank of San Francisco President Mary Daly said the strength of the US economy allows policymakers to be patient as they wait for more evidence of how the Trump administration’s ...