Generative Data Intelligence

Tag: FedNow

Fed Governor Doesn’t See Need for CBDCs

Federal Reserve Governor Michelle Bowman sees more risks than rewards in potentially issuing a U.S. central bank digital currency. ...

What Is JPM Coin and What Is the Onyx Blockchain?

Onyx is JPMorgan’s permissioned blockchain system that leverages smart contracts to facilitate transaction orders on its network. It was launched in 2019 alongside JPM...

Orum Launches Verify to Determine Validity of Bank Accounts – Finovate

Orum launched Verify, a new product to determine the validity of a bank account before initiating payments. Verify is built on top of...

For crypto RFK Jr. abandons the Democrats to run as an independent for US presidency

In the realm of content creation, three essential elements come into play: “perplexity,” “burstiness,” and “predictability.” Perplexity gauges the intricacy of textual content, while...

Seizing the power of FedNow: What US banks can learn from global peers’ adoption of instant payments

The recent launch of the FedNow Service in the US presents an enormous opportunity for banks. Looking at the global adoption of instant payment...

Pidgin Brings Instant Payments to Exchange Bank – Finovate

Want to feel good about the spread of real-time payments? Alabama-based Exchange Bank, a financial institution that has been serving customers since 1909,...

paymints.io Partners with Cross River for Real Time Payments in Real Estate – Finovate

paymints.io has partnered with Cross River Bank, which will facilitate a connection to The Clearing House’s RTP network. Through the partnership, title insurance...

The dawn of real-time bank transactions is here

In today’s fast-paced payment landscape, evolving industry standards, regulatory requirements, and heightened customer expectations are driving banks towards rapid transformation. Consumers and businesses alike...

US Lawmakers Push Forward on Digital Dollar-Blocking

Under Chairman Patrick McHenry’s leadership, the United States House Financial Services Committee has been making deliberate moves that seem poised to hinder the development...

US legislators sets Sept. 20 to discuss on CBDC prevention

The U.S. House Financial Services Committee announced last Friday that it will discuss a new bill to prevent the issuance of a central bank...

Is Instant the final straw that breaks your payment system’s back?

I’m seldom surprised when I meet an organization that has yet to start its payments processing software modernization journey. Replacing your existing payments software...

Hedera hits 20 billion transactions- bullish for HBAR?

Hedera (HBAR) has hit a record 20 billion mainnet transactions. HBAR price rose slightly on Tuesday. However...

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