FedNow vs RTP: The future of real-time payments in the US

With the upcoming July launch of the Federal Reserve's instant payment platform, FedNow, many are wondering how it differs from the existing Real-Time Payments (RTP) network. While both systems enable 24/7/365 clearing and settlement of domestic payments in the United States, a closer examination reveals unique advantages and characteristics for each method. In this [...]

By |2023-07-13T05:46:23-07:00July 13th, 2023|Blogs, News|Comments Off on FedNow vs RTP: The future of real-time payments in the US
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What is FedNow and what it means for businesses

The Federal Reserve is set to launch its new real-time payment service, FedNow, in July. With the potential to reach thousands of U.S. banks and credit unions, this new payment service is expected to revolutionize the payments industry. But what exactly is FedNow, and how will it impact businesses? Let's take a closer look. [...]

By |2023-04-25T00:25:59-07:00April 25th, 2023|Blogs, News|Comments Off on What is FedNow and what it means for businesses
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