Report
FedNow Is Almost Here
The June 2022 Aite-Novarica report FedNow Is Almost Here: What to Know Before the Launch of FedNow by Erika Baumann provides an overview of the FedNow real-time payment system, its fit within the U.S. faster payments landscape, and its pilot program. It explores potential use cases, adoption phases from early pioneers to mass adopters, and related business and technology strategies. The report compares FedNow with RTP, highlights differences, and explains ISO 20022 integration. It offers insights for financial institutions to prepare for FedNow’s launch, optimize strategies, and leverage real-time payment opportunities.