The Federal Reserve on Thursday launched a real-time payment system that eventually will allow consumers and businesses to send and receive money within seconds 24 hours a day, doing away with typical ...

FedNow is a real-time, round-the-clock payment system launched by the Federal Reserve, the central bank of the United States, that allows for instantaneous money transfers. This innovative initiative ...

Serge Beck, the founder and CEO of Omniwire, is driven by his belief that people deserve robust and secure financial services. Every minute, global businesses lose hundreds of thousands of dollars to ...

ASEAN's drive towards regional economic integration includes developing a cross-border digital payment system for seamless financial transactions and promoting the use of local currencies, aiming to ...

The days of relying solely on international payment giants are ending in the Sultanate. Driven by the Central Bank of Oman (CBO), major local banks are launching the "Ma'al" Card, a groundbreaking ...

Four days after Donald Trump’s inauguration, Elon Musk’s top lieutenants at the Treasury Department asked its acting secretary, a career civil servant, to immediately shut off all USAID payments using ...