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 ...

Tether announced it has led an $8 million investment in Speed1, Inc., a payments infrastructure company building global ...

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 ...

Noda’s partnership addresses Europe’s late-payment problem, enabling seamless and instant bank transfers for small businesses and ...

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 ...

Treasury management has long been the backbone of enterprise financial operations, yet it remains burdened by outdated processes. Traditional treasury systems rely heavily on batch processing, manual ...

Astra Inc., a provider of bank-to-bank transfer technology for financial institutions, fintech startups, and enterprises, announced late Thursday that fintech developers have processed more than $100 ...

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 global payments industry generated $2.4 trillion in revenue in 2023 and is expected to reach $3.1 trillion by 2028. This ...

There is an opportunity for it to decide, from an instant payment perspective, what is their journey,” said Ms Mensah ...