BIS payments committee publishes steps for ISO 20022 adoption
ISO 20022 is an international standard for electronic data exchange between financial institutions.
Tag: Faster payments
Instant Payment Use Cases Gaining Traction to Meet Growing Demand
SPONSORED CONTENT PRESENTED BY FEDERAL RESERVE FINANCIAL SERVICES More than 900 financial institutions across the country are using the FedNow® Service, ...
Is it time to kill the paper check?
Checks aren’t dying on their own. Meanwhile check fraud is up exponentially while bankers await a killer app for payments.
CFPB proposes banning NSF fees for instantaneous transactions
The CPFB proposed what it characterized as a “proactive step” to prevent banks and other financial institutions from charging fees ...
Hearing from corporate America’s ‘middle’ child
Middle market businesses don’t get all the love or the press, but they are critically important nonetheless. Here’s the outlook ...
Banking at the intersection of mission and opportunity
Julieann Thurlow, ABA’s 2023-24 chair, unites financial inclusion and financial innovation.
Podcast: Why corporate clients are pushing for more instant payment capabilities
Corporate CFOs and finance leaders are "best leading indicators." says Stephen Philipson, head of global markets and specialized finance at ...
ACH Network reports significant growth in same-day payments in 2023
The ACH Network saw significant growth in same-day ACH payments in the first half of 2023, according to figures released ...
Federal Reserve launches FedNow service
The Federal Reserve today officially launched its FedNow service for instant payments. Banks of all sizes can sign up and ...
Podcast: Counting down to the FedNow launch
After years of being "FedSoon," the Federal Reserve's instant payment network FedNow is preparing to go live this summer. What ...
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