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https://www.federalreserve.gov/

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PNC Bank joins the Federal Reserve’s FedNow Service to expand its instant payments capabilities, enabling real-time money movement 24/7 across the U.S.

PNC Bank Expands Immediate Payments Solutions by Joining the FedNow® Service

October 22 2025

PNC Bank announced it has expanded its instant payments capabilities by joining the Federal Reserve’s instant payments system, the FedNow

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Federal Reserve Financial Services raises FedNow Service network transaction limit from $1 million to $10 million, with comments from Chief Payments Executive Mark Gould.

FedNow® Service Will Raise Transaction Limit to $10 Million to Meet Increased Demand, Unlocking Higher-Value Use Cases

September 10 2025

Federal Reserve Financial Services will increase the FedNow Service network transaction limit from $1 million to $10 million

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Federal Reserve Financial Services Introduces FedNow® User Group to Promote Collaboration, Engagement Among More Than 600 FedNow Participants

Federal Reserve Financial Services Introduces FedNow® User Group to Promote Collaboration, Engagement Among More Than 600 FedNow Participants

March 15 2024

Federal Reserve Financial Services (FRFS) has introduced the new FedNow User Group to continue promoting […]

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