#fednow

3 stories

#business #finance #federal reserve #fedwire #b2b-payments #central-bank-settlement #correspondent banks #cross-border payments #ecb #executive order #financial regulation #instant payments

Money Moves on Different Clocks
Payment systems run 24/7 while funding clocks reset daily.
Pymnts · 1m
FedNow Expands to Cross-Border Payments
Federal Reserve opens cross-border instant payments via FedNow.
Pymnts · 1m
Fed's payment access deadline passes without public answer
The Federal Reserve missed a White House deadline to report on expanding direct access to its payment systems for nonbanks and uninsured depositories.
Pymnts · 2m