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Modern Treasury launches instant microdeposits

News | Online & Mobile Banking | 13 Nov 2023

US-based payments platform Modern Treasury has launched instant microdeposits leveraging the Federal Reserve's FedNow and Real-Time Payments.

product launch, B2B payments, real-time payments, customer experience

Fed raises concerns over Goldman Sachs's risk oversight

News | Online & Mobile Banking | 04 Sep 2023

The Federal Reserve has released an official warning to US-based investment banking firm Goldman Sachs over risk and compliance oversight at its TxB fintech unit.

risk management, mobile banking, online banking, digital banking, banking, financial services, financial institutions, compliance

FIS completes FedNow Service certification

News | Online & Mobile Banking | 10 Jul 2023

Financial services technology company FIS has completed testing and certification for the FedNow Service, the Federal Reserve’s instant payment service.

payments , banking, fintech, paytech, instant payments, FedNow, certification, financial services, financial institutions, B2B payments, payment methods, cloud, ecommerce, ISO 20022