Fed proposes opening FedNow to cross-border payments
The Federal Reserve proposed a new rule to let banks and credit unions use intermediaries to send transfers through the ...
Tag: Faster payments
Nacha adopts new rules to enhance international ACH transactions
Nacha voting members approved new rules aimed at increasing the efficiency of international Automated Clearing House transactions, or IATs, according ...
Fed to host conference on payments in October
The conference will bring together a range of interested parties to discuss how to further innovate and improve the payments ...
Zelle grows to more than 2,300 financial institutions
The total number of institutions on Zelle is now more than 2,300, with 95% institutions either community banks or credit ...
4 Things to Know About the FedNow® Service
SPONSORED CONTENT PRESENTED BY FEDERAL RESERVE FINANCIAL SERVICES In today’s world, individuals and businesses expect everything at the click of ...
BIS payments committee publishes steps for ISO 20022 adoption
ISO 20022 is an international standard for electronic data exchange between financial institutions.
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 ...
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