Payments

Some stories require a subscription to access the full source article.

Five Banks to Test FedNow Real-Time Payments System

April 4, 2021, PYMNTS

The Federal Reserve’s FedNow program, intended to streamline the clearing and settlement process, will be tested by five Northern California regional banks and three credit unions …

Comments

The Case Against NFTs

By Chris Skinner
Originally published at Chris Skinner’s blog, The Finanser

I’d just written my two pieces last week about non fungible tokens (NFTs) …

WTF is an NFT?
NFTs

… Read More →

News

European Banks Plan ‘Home Grown’ Rival to Visa and Mastercard by 2025

By Huw Jones
February 24, 2021, Reuters

A pan-European payments network can be in place by 2025 to make the continent a “master of its own destiny” in a sector …

News

How the government’s new real-time payments system could transform commerce

By Rey Mashayekhi
August 9, 2020, Fortune

On Thursday, the Federal Reserve unveiled new details about FedNow Service—a new real-time payments platform that would enable financial institutions in the U.S. …

News

Regulators plot path for cross-border payments to counter Facebook

By Huw Jones
July 13, 2020, Reuters

Streamlining anti-money laundering checks, longer central bank opening hours and linking national systems would cut cross-border payment costs, global regulators said on Monday.…

News