Federal Reserve Launches New Tools and Support to Accelerate Industry Readiness for Instant Payments
CHICAGO–(BUSINESS WIRE)–#FedNow–The Federal Reserve today launched new resources for the U.S. payments industry to facilitate education, preparation and ecosystem innovation in support of instant payments, a type of faster payment that provides payees with immediate access to funds, enabled by real-time final settlement between financial institutions. “End users have accelerated their use of digital payments, […]

