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 ...

The Federal Reserve’s new instant-payment system, FedNow, is off to a slow start following its launch in July, Fed Chair Jerome Powell said Wednesday. “It’s early days,” Powell said in ...

FIS ® (NYSE: FIS), a global leader in financial technology, today announced it is one of the first providers in the fintech industry certified to enable send capabilities for credit transfers in the ...

The Bureau of the Fiscal Service is a sleepy part of the Treasury Department. It’s also where, sources say, a 25-year-old ...

FIS (NYSE: FIS), a global leader in financial technology, today announced it is one of the first providers in the fintech industry certified to enable send capabilities for credit transfers in the ...

If Elon Musk or his DOGE team were to attempt to block federal payments, it would likely face legal challenges given the ...

Interlinking instant payment systems, such as the comparatively ... along with the United States Federal Reserve Banks are participating, is one of many projects blazing the trail toward tokenized ...

Walmart (NYSE:WMT) will offer its customers the option to pay for their purchases through instant payments ... network with ...

Any private bank which tried to pay dividends under these circumstances would ... but it accurately reflects the regional logic of the system as designed in 1913. The Federal Reserve Bank of New York ...