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Modern Treasury Drives Growth of Instant Payments with Leading Banks

Fintech Finance

Modern Treasury , essential infrastructure for the new era of payments, has announced that it has expanded instant payments support for mutual customers of six leading banks — Bank of America, Cross River, JPMorgan Chase, PNC Financial Services, U.S. Instant payments, powered by the first new payment rails in the U.S.

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What Is FedNow & How Can Businesses Prepare for It?

Seon

FedNow, the instant payment service that launched in the US on July 20, 2023, could bring significant new developments to your organization. Launched on July 20, 2023, the FedNow Service is an instant payment system created by the Federal Reserve for American households and businesses. What Is FedNow?

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How FedNow will Disrupt Vendor Payments

Nanonets

Let's look at some of the key benefits: Enhancing Treasury Management : FedNow offers deterministic instant payments. API-generated payment receipts integrate seamlessly with software like Quickbooks, ensuring real-time synchronization. This feature optimizes accuracy and expedites the payment process.

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