Federal Reserve, Interbank Settlement and TCH

Deep Dive: Weighing The Federal Reserve’s Faster Payments Proposal

PYMNTS

FEBRUARY 4, 2019

percent, according to Federal Reserve data. Use of Same Day ACH (SDA) — overseen by NACHA (The Electronic Payments Association) and the Federal Reserve — has risen. TCH, which is co-owned by 25 banks, launched Real-Time Payments (RTP) in November 2017. The Federal Approach. Dissenting Views.

Faster Payments

Faster Payments Federal Reserve Real Time Payments TCH

FedNow’s Montgomery: Gearing Up For 2023-24 — And Instant Payments Competition

PYMNTS

OCTOBER 12, 2020

In an interview with Karen Webster, Boston Federal Reserve Chief Operating Officer and FedNow Program Executive Ken Montgomery said the central bank’s ambitious payments initiative remains on track — and will inject competition into the instant payments market.

Instant Payments

Instant Payments FedNow Fed Interoperability

Payments Space

Deep Dive: Weighing The Federal Reserve’s Faster Payments Proposal

FedNow’s Montgomery: Gearing Up For 2023-24 — And Instant Payments Competition

Webinars

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