Posts Tagged ‘US Federal Reserve’
CFPB joins federal agencies proposing data standardisation rule
Other federal financial regulatory agencies inviting comments on the proposed rule include the Federal Deposit Insurance Corporation and National Credit Union Administration.
Read MoreTrustly and Cross River Bank expand partnership with FedNow integration
The addition of FedNow to Trustly’s offerings gives its merchants further access to account-to-account capabilities.
Read MoreQatar Central Bank to launch instant payment service
The launch is in line with the country’s ‘Third Financial Sector Strategy’.
Read MoreFIS forms strategic partnership with Banked for Pay by Bank
Banked’s chief executive officer Brad Goodall said the partnership will enable businesses to “leverage the power of Open Banking and real-time payments”.
Read MoreOrum unveils instant bank verification product built on FedNow
Stephany Kirkpatrick, Orum’s chief executive officer, said that US businesses “need confidence” they are debiting or crediting a real account.
Read MoreUS Federal Reserve goes live with FedNow instant payment system
The central bank said that 35 banks and credit unions are “early adopters” of the interbank service.
Read MoreTD Bank unveils Black Entrepreneur Credit Access program
The program will provide Black-led businesses with dedicated support and financing, addressing the “obstacles” Black entrepreneurs typically face.
Read MorePlaid co-founder launches Column bank for developers
William Hockey and wife Annie are co-CEOs of the new “infrastructure” bank.
Read MoreBoston Fed and MIT publish initial CBDC design research findings
The work produced one code base capable of handling 1.7 million transactions per second.
Read MoreIntroduction of CBDCs a matter of ‘when, not if’
Research paper published by Bank of America Securities pointed to a “potential 2022 launch” for China’s e-Renminbi.
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