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.
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.
Experts from the Federal Reserve System engaged with the payments industry during key conferences and webinars this spring. Explore highlights from their sessions.
The Federal Reserve, and specifically, Federal Reserve Financial Services (FRFS), is engaging with the payments industry at this spring’s conferences and webinars.
Explore recent articles that highlight trends, examine relevant studies and provide perspectives on how current and emerging technologies may alter the payments landscape.
With the upcoming launch of the FedNow(SM) Service in 2023, financial institutions and service providers around the country are preparing for the future of instant payments. The Federal Reserve’s ongoing Pioneers of Now series highlights leaders from these organizations working toward early adoption of the FedNow Service.
As the Vice President of Banking Partnerships North America at Trustly, Eric Foust studies how transactions are sent over payment rails to help financial institutions effectively move money between businesses and consumers.
Payments leaders gathered in person and virtually at the annual Chicago Payments Symposium to discuss industry trends, innovations and ways to better serve customers.
Federal Reserve survey reveals that businesses continue to show strong interest in using faster payments for a variety of transactions.
A Federal Reserve survey of over 2,000 consumers found that more than six in 10 plan to use faster payments more in the future.
The Federal Reserve has unveiled a new showcase featuring more than 70 profiles of service providers that support instant payments.