The 2023 launch of instant payments via FedNow was heralded as a milestone in the modernization of US payments infrastructure. Real-time settlement, once a distant goal, was now a reality. Despite the ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. The UK’s Faster Payments service is back under the spotlight, ...

There are several ways to run faster payments in 2025, including the use of real-time payment systems, digital wallets and even the blockchain. Whether offering payments and finance is part of your ...

Recent data from The Clearing House shows that in 2024, payment value on its RTP network totaled $246 billion, while volume stood at 343 million transactions with 847 financial institutions are ...

Walmart, the biggest U.S. retail chain, is increasingly eager to offer its customers instant payment options as it seeks to speed up services and keep costs low. The Bentonville, Arkansas-based ...

“There is so much innovation happening in payments systems outside of this country. The US banking system is not on the leading edge,” says Sean Rodriguez. He heads the Federal Reserve’s Faster ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. As much as the threat of fraud poses a risk to the security of ...

How J.P. Morgan is using blockchain to cut costs, speed up settlements, and unlock liquidity with Kinexys, a business that could reshape global finance. Stablecoins are no longer just a crypto ...

U.S.-based faster payments systems are being set up in dozens of countries around the world, but when it comes to the prospect of connecting those networks, at least one Federal Reserve official has ...

The IMF noted that despite having a market cap of about 10 percent of Bitcoin, stablecoins are growing in popularity because of their interconnections with mainstream financial markets that stem from ...