Community Banks Faster Payments FedNow 
PYMNTS
JANUARY 6, 2020
Community banks are pushing for a stronger role with their small business (SMB) customers. However, through an embrace of FinTech collaboration and industry consolidation, community banks appear poised to further dispel assumptions of a lack of digitization. A Consolidating Industry. Strengthening SMB Ties.
Payments Source
SEPTEMBER 20, 2019
Increased adoption of The Clearing House’s faster payments system could put pressure on community banks and credit unions awaiting the launch of the Fed’s competing service, FedNow.
Faster Payments Council
SEPTEMBER 23, 2023
The Fall Member Meeting will bring together FPC members for two days filled with presentations on the most pressing issues in faster payments, panel discussions with industry experts, roundtables on timely topics, and engaging networking opportunities. Foundry Ballroom) Payment networks need volume to scale and keep costs low.
Payments Source
NOVEMBER 14, 2019
The central bank originally predicted FedNow's launch within five years, but the Fed chairman told House lawmakers that he expects it will happen sooner.
Payments Source
SEPTEMBER 28, 2020
The central bank must engage core processors, community banks and The Clearing House if it wants to move quickly on building out its FedNow system.
Fintech Finance
FEBRUARY 27, 2024
Backbase, leveraging Alacriti’s Orbipay Payments Hub , will support end-to-end payment orchestration and processing through the RTP® network, the FedNow® Service, Visa Direct, Fedwire, and ACH payment rails.
Payments Source
DECEMBER 12, 2019
If the intention is for FedNow to give the market a choice, particularly to smaller, local banks then interoperability between the TCH and FedNow is a must, says FIS' Elena Whisler.
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