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Fed Launches FedNow Community For Instant Payments, Seeks Participants

PYMNTS

The Federal Reserve has formed a FedNow Community group for its upcoming instant payment offering, the FedNow Service , and needs volunteers to support it, the Fed announced Wednesday (May 6). The Fed acknowledged the challenges brought on by the coronavirus but noted the FedNow Service is still scheduled to be unveiled in 2023 or 2024.

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INBOUND 2023: The Age of Intelligence

William Mills

Our marketing team recently attended HubSpot’s annual INBOUND conference in Boston, Mass. It’s where careers take off, businesses begin to scale, and community changes us for the better." with over 11,000 business, marketing, and sales professionals to network and learn from HubSpot leaders and top industry experts.

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FedNow’s Montgomery: Gearing Up For 2023-24 — And Instant Payments Competition

PYMNTS

In an interview with Karen Webster, Boston Federal Reserve Chief Operating Officer and FedNow Program Executive Ken Montgomery said the central bank’s ambitious payments initiative remains on track — and will inject competition into the instant payments market. He noted there has been additional input from the FedNow Community of 700 members.

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Walmart Wants To Add $250 Billion In US-Made Products By 2023

PYMNTS

Walmart wants to add $250 billion worth of Made in the USA products to its stores by 2023, an ambitious plan the retail giant says will add 1 million new American-based manufacturing and support jobs as well. Harold Sirkin, senior partner and managing director at the Boston Consulting Group, who presented a forum on U.S.

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Now is the time to prepare for the FedNow launch

Independent Banker

The FedNow Service is launching in early 2023, giving community banks about a year to plan. Here’s how community bankers, payments experts and fintech vendors suggest using the time to prepare. With less than a year until the scheduled launch of the FedNow Service, community banks are still awaiting updates on specifics.

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The 35 Biggest Banking, Mortgage & BankTech Events in 2023

Fintech Labs Insights

Below is our curated list of the best global banking tech events, conferences and trade shows in 2023. These are the largest events in the financial services industry geared towards banking technologists, program managers, marketers, developers and C-Suite execs at both legacy financial institutions and upstart banktech and fintech firms.

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The 35 Biggest Banking, Mortgage & BankTech Events in 2023

Fintech Labs Insights

Below is our curated list of the best global banking tech events, conferences and trade shows in 2023. These are the largest events in the financial services industry geared towards banking technologists, program managers, marketers, developers and C-Suite execs at both legacy financial institutions and upstart banktech and fintech firms.