FedNow Service

About FedNow Service

FedNow Service provides an instant payment infrastructure for financial institutions across the United States. The platform enables banks to process domestic transactions and supports the domestic leg of international payments through correspondent banking. Recent coverage has focused on the expansion of the service into cross-border transactions and its integration with banking technology providers.

FF News has published 2 stories featuring FedNow Service since 2024, most recently "FedNow Service Expands to Cross-Border Payments: Federal Reserve Unlocks Global Transaction Support" (28 September 2026).

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