Study: Business, Consumer Appetite for Faster Payment Options Grows
According to new Federal Reserve studies, a majority of businesses and consumers are already using faster payments, and most are likely to use them more often in the future.
Study: Businesses Increasingly Want to Use Faster Payments for Day-to-Day Operations
Federal Reserve survey reveals that businesses continue to show strong interest in using faster payments for a variety of transactions.
Federal Reserve Announces Creation of FedNowSM Pilot Program
The Federal Reserve has formed a pilot program to support the development, testing and adoption of the FedNow Service. The FedNow Pilot Program continues efforts to foster industry partnerships in support of the FedNow Service, and will be conducted in three phases: advisory, testing and closed-loop production.