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Commerce Bank Adopts FedNow Delivered by Temenos Payments Hub to Continue Modernisation

The Fintech Times

US-based Commerce Bank has officially gone live with FedNow on Temenos Payments Hub delivered as Temenos SaaS, enabling real-time payments on the secure, scalable and continuously updated platform. This latest go-live enables Commerce to offer FedNow real-time payments using Temenos Payments Hub.

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Payfinia Receives $4.5 Million from Star One Credit Union to Launch CUSO

Finovate

Payfinia’s IPX platform will play a key role in the CUSO, helping organizations leverage FedNow to offer instant payments while providing fraud prevention. ” The IPX platform was originally launched by Tyfone in July of 2023 in conjunction with the Federal Reserve’s FedNow instant payment service.

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Top US Bank, Commerce Bank, Goes Live on the FedNow® Service with Temenos

Fintech Finance

Temenos (SIX: TEMN) today announced that Commerce Bank , a top US bank, has gone live with FedNow on Temenos Payments Hub delivered as Temenos SaaS, enabling real-time payments on a secure, scalable and continuously updated platform. This latest go-live enables Commerce to offer FedNow real-time payments using Temenos Payments Hub.

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Fed's faster payments network likely ahead of schedule: Powell

Payments Source

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.

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Trustly and Cross River Propel Instant Payment Adoption With Support of FedNow® Service

Fintech Finance

Trustly , a global leader in Open Banking Payments, and Cross River Bank (“Cross River”), a technology infrastructure provider that offers embedded financial solutions, are proud to expand their collaboration in instant payments with the addition of the FedNow® Service.

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The Clearing House On The Race for Real-Time Payments In The US

PYMNTS

Federal Reserve, where details (a roadmap, really) of FedNow , the proposed instant payment system, were released earlier this month. financial services ecosystem, traction may have thus far been slower than originally thought. But it might not be the Federal Reserve ’s doing. Achieving ubiquity across the 12,000 or so FIs in the U.S.

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An Imminent FedNow? Launch: Three Considerations for Your Financial Institution to Support and Encourage Readiness

Center for Payments

By Meagan Norlund, VP, Marketing & Communications, NEACH As the industry well knows by now, the Federal Reserve anticipates that FedNow SM will be available sometime between May and July of this year, ahead of schedule and only a few short months away. That’s why a phased approach to FedNow implementation may offer a strong alternative.

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