SRM Releases Report: Examining the First Year of FedNow & the State of Instant Payments

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SRM Releases Report: Examining the First Year of FedNow & the State of Instant Payments

Published by SRM – August 6, 2024

“With the launch of FedNow instant payment rails, the Federal Reserve set in motion a wave of bank and credit union activity, empowering financial institutions to better understand their options and explore potential use cases for business and consumer clients.

As we mark the one-year anniversary of FedNow’s launch, it presents an opportune moment to assess the current state of instant payments in the United States. 

Download our latest report to explore the near-term opportunities and identify the top motivators and barriers institutions face when adopting instant payment systems.”

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