BankingBusiness

Federal Reserve: Rolls out resources ahead of instant payment launch

Federal Reserve: Rolls out resources ahead of instant payment launch

  • Federal Reserve System is the Central Bank of the United States was founded by Congress in 1913 
  • Launched new resources for the U.S. payments industry to facilitate education
  • Type of faster payment that provides payees with immediate access to funds
  • End users have accelerated their use of digital payments, including instant payments
  • Offering new tools to help payments stakeholders better understand and address this market
  • The FedNow Explorer website, an experiential platform designed to educate and engage financial institutions
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Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

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