FedNow vs. Real-Time Payments What’s the Difference?
What is FedNow? FedNow is the new real-time gross settlement (RTGS) system developed by the Federal Reserve. It’s designed to provide a safe and efficient way for financial institutions to…
Instant Payments How They’re Changing Finance
The Rise of Instant Payments: Speeding Up Transactions For decades, the financial world operated at a glacial pace. Transfers between accounts could take days, even weeks, to clear. But the…