FedNow

Zūm Rails takes in first capital to launch new banking-as-a-service, FedNow offerings

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The adoption of open banking and instant payments is moving slowly in the United States compared to other markets around the world, for example, Brazil. That said, the new program FedNow went live in July 2023, and data-sharing regulations are forthcoming, so more potential is on the horizon. Until then, the co-founders of Zūm Rails … Read more

FedNow will expose fintech’s gaps: Compliance-by-design will help banks keep away from danger

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Chris Zingo is the chief income officer at Fenergo, with greater than 20 years of progress expertise throughout fintech industries, growing and executing enterprise fashions and built-in options for world scale. Digital innovation throughout our monetary business is evolving on the tempo of Moore’s regulation on steroids — reshaping the construction of our markets, transitioning … Read more