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Partnership Between Sherpa Technologies and Juniper Payments Will Offer Real-Time Payments Solution

SEC can t access Ripple exec records; Russia s digital currency gains steam

SEC can t access Ripple exec records; Russia s digital currency gains steam
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More Than 110 Organizations Will Participate in the FedNow Pilot Program

More Than 110 Organizations Will Participate in the FedNow Pilot Program The US Federal Reserve has announced that more than 110 organizations will participate in the FedNow Pilot Program. FedNow is a payments initiative to speed up payments and transfers. A consultation with a variety of stakeholders took place in 2018 with the concept of FedNow emerging as a new interbank real-time service seeking to support instant payments in the United States. Esther George, President and CEO of the Federal Reserve Bank of Kansas City and executive sponsor of the Federal Reserve’s payments improvement initiatives, stated: “We’re gratified by the industry’s tremendous interest and willingness to devote time and energy to help us develop the FedNow Service. As a result, we’ve adjusted to accommodate more participants than we originally planned.”

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