Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Market Cap
  • Blockchain
  • Web 3
    • NFT
    • Metaverse
  • Regulation
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

Bitcoin: This indicator reflects 2024’s Bull Run – will history repeat?

2025-05-18

‘Maplestory N’ touches avalanche, Solana’s ‘Nyan Heroes’

2025-05-18

Declan Hannon about how Aurora Labs makes blockchain accessible to everyone

2025-05-18
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • Free.cc (Free Crypto)
Facebook X (Twitter) Instagram
Bitcoin Platform – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Market Cap
  • Blockchain

    Declan Hannon about how Aurora Labs makes blockchain accessible to everyone

    2025-05-18

    Ailayer forges Alliance with Gaea to create a decentralized AI-driven metaverse

    2025-05-18

    Space and time, Nvidia, publishes Sub-Second ZK Prover for SQL

    2025-05-18

    Interview with Nieuwe Lukso Coo

    2025-05-18

    B2 Network brings AI to Bitcoin with DSN-AI Rollup Protocol

    2025-05-18
  • Web 3
    • NFT
    • Metaverse
  • Regulation

    Capital One pays $ 425,000,000 to customers after they have reportedly cheated customers from a higher return on bank balance

    2025-05-18

    Myth or reality? Mica and its real impact on the market that dissolve common misconceptions

    2025-05-18

    Judge denies joint bid from Ripple and the SEC to end their long -term legal battle to end XRP

    2025-05-17

    A dozen new defendants who were sued in the alleged Rico -entry, connected to $ 263,000,000 crypto theft

    2025-05-17

    Complating digital assets win the long game in Crypto

    2025-05-17
  • Analysis

    The American stock market now looks more favorable than pre-trade war, according to Tom Lee from Fundstrat-Dit why is why

    2025-05-18

    Analyst who mentioned XRP price mark at $ 0.5 says that the increase in this level is coming

    2025-05-17

    Michael Burry van Big Short abruptly sells one ‘recession-proof’ assets

    2025-05-17

    $ 40 billion in XRP on the road – where are they going?

    2025-05-17

    Bitcoin who sees heavy accumulation on Coinbase and Binance, says analysis company Glassnode – here is the prospects

    2025-05-17
  • Learn

    Types of Blockchain Layers Explained: Layer 0, Layer 1, Layer 2 and Layer 3

    2025-05-16

    Token vs. Coin: Key Differences You Must Know as a Beginner

    2025-05-15

    Inside Changelly: 10 years of steadfast support and compliance

    2025-05-15

    What Is Proof-of-Work (PoW)?

    2025-05-12

    What Is Proof-of-Authority (PoA)?

    2025-05-09
  • Blog
  • Contact
    • Tech7685@gmail.com
Bitcoin Platform – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Regulation»JPMorgan Chase and 40 other US banks conduct FedNow trial ahead of Instant Payment Service launch
JPMorgan Chase and 40 other US banks conduct FedNow trial ahead of Instant Payment Service launch
Regulation

JPMorgan Chase and 40 other US banks conduct FedNow trial ahead of Instant Payment Service launch

2023-07-01No Comments2 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

Banking giant JPMorgan Chase and 40 other US banks are testing the Federal Reserve’s new instant payment infrastructure, dubbed FedNow.

According to a new Federal Reserve press release, 41 banks and 15 service providers are completing FedNow test trials ahead of the service’s official launch, which is scheduled for late July.

Says Ken Montgomery, first vice president of the Federal Reserve Bank of Boston and FedNow program manager,

“We are on track for the launch of FedNow Service, with a strong cohort of financial institutions and service providers of all sizes completing the latest round of readiness testing. As the go-live approaches, financial institutions and their industry partners should feel confident moving forward with plans to join the network of organizations participating in the FedNow service.”

According to the Federal Reserve, the FedNow service is intended to enable businesses and individuals to send and receive instant payments at any time.

The Federal Reserve says it plans to increase the number of banks using FedNow this year and in the years to come until all 10,000 have adopted the technology.

Other major banks testing the service to begin using it in July include Bank of New York Mellon, US Bancorp, and Wells Fargo. The US Treasury Department also plans to use the service.

The service providers doing the final testing include Juniper Payments, Jack Henry, and Open Payment Network.

Don’t Miss Out – Subscribe to receive email alerts delivered straight to your inbox

Check price action

follow us on TwitterFacebook and Telegram

Surf the Daily Hodl mix

Image generated: Midway through the journey



Source link

See also  Ethereum's Dencun upgrade is scheduled to launch in 2024, details here
Ahead Banks Chase conduct FedNow Instant JPMorgan Launch Payment service Trial
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Capital One pays $ 425,000,000 to customers after they have reportedly cheated customers from a higher return on bank balance

2025-05-18

Myth or reality? Mica and its real impact on the market that dissolve common misconceptions

2025-05-18

Pump.Fun loses dominance while new meme munt launch pads get up on Solana

2025-05-17

Judge denies joint bid from Ripple and the SEC to end their long -term legal battle to end XRP

2025-05-17
Add A Comment
Leave A Reply Cancel Reply

Top Posts

Bitcoin Traders Alert! – Mirroring important indicators The Crypto -Crash of 2018?

2025-03-12

Tilted and Soulbound TV partner will revolutionize digital entertainment

2024-12-09

Institutional investors are flocking to Bitcoin: a paradigm shift?

2023-07-03
Editors Picks

Unveiling the Ethereum Elite: Top Addresses, Market Cap, and Price Trends

2023-09-10

JPMorgan analyst predicts 50% chance of spot Ethereum ETF in May

2024-01-12

L2scan and B² Network forge a strategic partnership for Layer 2 Bitcoin exploration

2024-04-30

Bank of America must pay $12,000,000 fine for repeatedly violating law and sending false information to regulators

2023-12-03

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Bitcoin: This indicator reflects 2024’s Bull Run – will history repeat?

‘Maplestory N’ touches avalanche, Solana’s ‘Nyan Heroes’

Declan Hannon about how Aurora Labs makes blockchain accessible to everyone

Get Informed

Subscribe to Updates

Get the latest news and Update from Bitcoin Platform about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • Free.cc (Free Crypto)
© 2025 Bitcoinplatform.com - All rights reserved.

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$105,046.241.93%
  • ethereumEthereum(ETH)$2,430.59-1.39%
  • tetherTether USDt(USDT)$1.00-0.01%
  • rippleXRP(XRP)$2.392.00%
  • binancecoinBNB(BNB)$645.270.91%
  • solanaSolana(SOL)$168.611.89%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.2256355.65%
  • cardanoCardano(ADA)$0.740.71%
  • tronTRON(TRX)$0.266484-1.32%
  • suiSui(SUI)$3.810.67%
  • chainlinkChainlink(LINK)$15.471.55%
  • avalanche-2Avalanche(AVAX)$22.451.51%
  • stellarStellar(XLM)$0.2882951.39%
  • hyperliquidHyperliquid(HYPE)$26.371.96%
  • shiba-inuShiba Inu(SHIB)$0.0000153.51%
  • hedera-hashgraphHedera(HBAR)$0.1934081.95%
  • unus-sed-leoUNUS SED LEO(LEO)$8.67-3.01%
  • bitcoin-cashBitcoin Cash(BCH)$400.843.01%
  • the-open-networkToncoin(TON)$3.131.97%
  • litecoinLitecoin(LTC)$98.562.78%
  • polkadotPolkadot(DOT)$4.671.70%
  • moneroMonero(XMR)$337.360.99%
  • bitget-tokenBitget Token(BGB)$5.143.47%
  • pepePepe(PEPE)$0.0000139.11%
  • daiDai(DAI)$1.000.00%
  • piPi(PI)$0.748.04%
  • ethena-usdeEthena USDe(USDE)$1.000.01%
  • uniswapUniswap(UNI)$5.923.99%
  • bittensorBittensor(TAO)$414.09-1.69%
  • aaveAave(AAVE)$224.081.35%
  • nearNEAR Protocol(NEAR)$2.763.08%
  • aptosAptos(APT)$5.080.46%
  • okbOKB(OKB)$52.85-0.63%
  • ondo-financeOndo(ONDO)$0.921.49%
  • kaspaKaspa(KAS)$0.1103441.47%
  • ethereum-classicEthereum Classic(ETC)$18.281.52%
  • internet-computerInternet Computer(ICP)$5.191.38%
  • gatechain-tokenGateToken(GT)$21.620.27%
  • crypto-com-chainCronos(CRO)$0.0978230.89%
  • official-trumpOFFICIAL TRUMP(TRUMP)$12.963.90%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2363392.48%
  • mantleMantle(MNT)$0.731.41%
  • vechainVeChain(VET)$0.0282252.29%
  • render-tokenRender(RENDER)$4.550.85%
  • ethenaEthena(ENA)$0.3756937.80%
  • usd1World Liberty Financial USD(USD1)$1.000.00%
  • algorandAlgorand(ALGO)$0.2212913.23%
  • filecoinFilecoin(FIL)$2.842.63%
  • cosmosCosmos(ATOM)$4.852.97%
  • bitcoinBitcoin(BTC)$105,046.241.93%
  • ethereumEthereum(ETH)$2,430.59-1.39%
  • tetherTether USDt(USDT)$1.00-0.01%
  • rippleXRP(XRP)$2.392.00%
  • binancecoinBNB(BNB)$645.270.91%
  • solanaSolana(SOL)$168.611.89%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.2256355.65%
  • cardanoCardano(ADA)$0.740.71%
  • tronTRON(TRX)$0.266484-1.32%
  • suiSui(SUI)$3.810.67%
  • chainlinkChainlink(LINK)$15.471.55%
  • avalanche-2Avalanche(AVAX)$22.451.51%
  • stellarStellar(XLM)$0.2882951.39%
  • hyperliquidHyperliquid(HYPE)$26.371.96%
  • shiba-inuShiba Inu(SHIB)$0.0000153.51%
  • hedera-hashgraphHedera(HBAR)$0.1934081.95%
  • unus-sed-leoUNUS SED LEO(LEO)$8.67-3.01%
  • bitcoin-cashBitcoin Cash(BCH)$400.843.01%
  • the-open-networkToncoin(TON)$3.131.97%
  • litecoinLitecoin(LTC)$98.562.78%
  • polkadotPolkadot(DOT)$4.671.70%
  • moneroMonero(XMR)$337.360.99%
  • bitget-tokenBitget Token(BGB)$5.143.47%
  • pepePepe(PEPE)$0.0000139.11%
  • daiDai(DAI)$1.000.00%
  • piPi(PI)$0.748.04%
  • ethena-usdeEthena USDe(USDE)$1.000.01%
  • uniswapUniswap(UNI)$5.923.99%
  • bittensorBittensor(TAO)$414.09-1.69%
  • aaveAave(AAVE)$224.081.35%
  • nearNEAR Protocol(NEAR)$2.763.08%
  • aptosAptos(APT)$5.080.46%
  • okbOKB(OKB)$52.85-0.63%
  • ondo-financeOndo(ONDO)$0.921.49%
  • kaspaKaspa(KAS)$0.1103441.47%
  • ethereum-classicEthereum Classic(ETC)$18.281.52%
  • internet-computerInternet Computer(ICP)$5.191.38%
  • gatechain-tokenGateToken(GT)$21.620.27%
  • crypto-com-chainCronos(CRO)$0.0978230.89%
  • official-trumpOFFICIAL TRUMP(TRUMP)$12.963.90%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2363392.48%
  • mantleMantle(MNT)$0.731.41%
  • vechainVeChain(VET)$0.0282252.29%
  • render-tokenRender(RENDER)$4.550.85%
  • ethenaEthena(ENA)$0.3756937.80%
  • usd1World Liberty Financial USD(USD1)$1.000.00%
  • algorandAlgorand(ALGO)$0.2212913.23%
  • filecoinFilecoin(FIL)$2.842.63%
  • cosmosCosmos(ATOM)$4.852.97%