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 ...
From 9 January 2025, EU payment service provides are required to shift away from transaction-based sanctions screenings for certain intra-EU instant credit payments Regulation (EU) 2024/886, the ...
Checkout speed has become one of the most critical factors in today's retail experience. Tolerance for waiting time at the ...
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 ...
This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. This is an excerpt from the Future of Payments 2025 report.
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 ...
Being able to close on a home at any time on any day of the year has long been a pipe dream, but the Federal Reserve’s new FedNow instant payment system looks to be making that dream a reality.
Low-friction mobile UX has therefore become a strategic priority. Successful platforms in emerging markets emphasize minimal steps, native mobile flows, biometric authentication, and clear real-time ...
Within a month of each other, the UK Payment Systems Regulator (PSR) issued a consultation paper on Authorised Push Payment (APP) scams with the European Commission (EU) issuing a Proposal amending ...
Intended to accelerate the rollout of real-time payments in Europe, the EU’s Instant Payment Regulation (IPR), which came ...
The Federal Reserve gets a lot of attention when it comes to its interest rate decisions. Recently, its role as a bank regulator grabbed the spotlight too, after the wave of bank failures earlier this ...
Greece is upgrading IRIS payments with higher limits and EU cross-border connectivity beginning January 15, 2026.