Tagged: fednowsm service

Fintech Jack Henry Expands Real-Time Payments Options with FedNow Service

May 17, 2023 @ 8:18 am By Omar Faridi |

Jack Henry (Nasdaq: JKHY) announced that it is operationally ready to support the launch of the Federal Reserve’s real-time payments network, the FedNowSM Service. Jack Henry has actively “participated in the development of the newest network, expected to launch in July 2023.” More than 20… Read More

Read more in: Fintech | Tagged digital transactions, federal reserve, federal reserve bank of boston, fednow, fednowsm service, hawaiiusa federal credit union, jack henry, ken montgomery, payments, payments network, real-time payments, scott young, tede forman

Pidgin Completes Certification for Federal Reserve’s Instant Payment Service: FedNow

May 11, 2023 @ 7:39 pm By Omar Faridi |

Pidgin, a secure real-time payments platform built for the future of payments, is among the first companies in the industry to complete testing and certification for the FedNowSM Service, the Federal Reserve’s new instant payment offering launching in July 2023. The FedNow Service will “enable… Read More

Read more in: Fintech | Tagged abhishek veeraghanta, certification, digital transactions, federal reserve, fednowsm service, instant payments, ken montgomery, payments, pidgin, real-time payments, united states, us, virtual payments