Waiting a few days to receive money from a sale directly threatens business liquidity. Instant settlement technology changes the standards, turning a confirmed payment into available funds within ...

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 U ...

With help from a national pilot group that includes three Indiana-based banks, the Federal Reserve will soon launch an instant-payment service that could help smaller banks and credit unions keep up ...

Consumers and businesses are embracing instant-payment options for such transactions as bill payment, mobile-wallet funding and defunding, account-to-account transfers, and immediate payroll for ...

The Federal Reserve has launched an instant payment service called FedNow, which allows banks and credit unions to sign up to send real-time payments so they can offer customers a quicker way to send ...

Here’s What You Need to Know About the Federal Reserve’s New Instant Payment Service Michael Bromberg is a finance editor with a decade of experience. He is an expert at elucidating complex financial ...

Led by the BIS Innovation Hub and other central banks, Project Rialto tests tokenised settlement and automated FX for instant ...

One of the first checks ever recorded was written in the 11th century, in a marketplace in Basra, in present-day Iraq. There, a merchant issued a sakk: written instructions to his bank to make a ...

SAN FRANCISCO--(BUSINESS WIRE)--Matera, maker of world-class instant payment and QR code technology for financial institutions, today announced its move into the U.S. with new headquarters in San ...

Q2 Holdings, Inc. (NYSE:QTWO), a leading provider of digital transformation solutions for financial services, today announced Open Payment Network (OPN) as its first partner to deliver integration for ...

The spread of digital payment technology now allows smaller retailers to speed up their businesses receiving secure, non-cash payments, a cash-flow perk that was available only to big companies not ...