FedNow is a real-time, round-the-clock payment system launched by the Federal Reserve, the central bank of the United States, that allows for instantaneous money transfers. This innovative initiative ...

One of the fun things about working on a global trend is watching the alphabet soup of acronyms and buzzwords diverge and converge. The US and UK are largely still using the term “faster payments,” ...

OMAHA, Neb.--(BUSINESS WIRE)-- ACI Worldwide (NASDAQ: ACIW), an original innovator in global payments technology, today announced its designation as a Leader in the IDC MarketScape: Worldwide ...

ACI Worldwide (NASDAQ: ACIW), an original innovator in global payments technology, today announced its designation as a Leader in the IDC MarketScape: Worldwide Integrated Bank Payment Systems 2024 ...

China’s government has struggled to find uses for e-CNY inside of China. Now, it's hoping to use it to challenge the US-dominated international financial system. MIT Technology Review’s What’s Next ...

Download PDF More Formats on IMF eLibrary Order a Print Copy Create Citation Many central banks are currently exploring the possibility of issuing retail central bank digital currency (CBDC). While ...

Ivy, an API for instant bank payments, has secured €7 million ($7.7 million) in a seed investment round led by European VC Creandum. Payment and transaction fees can accrue because of card networks, ...

MOSCOW, Feb 21 (Reuters) - Payment services used by Russians to transfer money overseas were knocked offline on Wednesday after the central bank revoked digital bank Qiwi's licence, sending its Moscow ...