The Federal Reserve announces that its new system for instant payments, the FedNow® Service, is now live.

FedNow® FAQ: https://www.federalreserve.gov/paymentsystems/fednow_faq.htm

FedNow® Service Provider Showcase (Incl: Service Providers with APIs) Browse service providers that can help you connect, innovate, and deliver instant payment products using the FedNow Service. https://explore.fednow.org/explore-the-city?id=10&building=s...

Participating financial institutions that are currently live on the service: https://www.frbservices.org/financial-services/fednow/organi...

Launch Video: https://www.youtube.com/watch?v=wHLnV9wu-5A

Other Official FedNow® Videos: https://www.youtube.com/@FRBServices/videos