FedNow nears onboarding of 1,000 financial institutions

ATLANTA — Instant payments rail FedNow is nearing the addition of its 1,000th financial institution, and the Federal Reserve credits the growing adoption to its network of fintechs that enable the integration.   The Fed launched FedNow in July 2023 with 35 financial institutions.   “We’re seeing a lot of interest,” Bernadette Ksepka, vice president […]