Correspondent Blog
Tag: P2P
07/13/23
Faster Payments – FedNow is About to Change the Game for Banks
Next week, FedNow goes live, ushering in the next era of faster payments. Some 57 financial institutions will start with FedNow, including about 42 banks (plus a handful of core systems providers and fintechs). FedNow joins The Clearing House, which has offered real-time payments (RTP®) for the last five years. Banks are about to win…