The Federal Reserve had planned to start using a new standard for its Fedwire Funds Service that allows for the passing of more data with payments, but this week it delayed the implementation date.

The world's largest payment systems are updating the messaging that accompanies transactions, putting pressure on banks to decide how to update their processing systems. "It's a global language for ...

The U.S. Federal Reserve has restored access to its real-time settlement system for central bank money. "The Fedwire Funds Service, Fedwire Securities Service, and National Settlement Service have ...

Despite a history of direct competition, two major payments networks have become partners in developing disaster-recovery plans and are working together on ways to serve as backups to each other in ...

The Federal Reserve says its Fedwire Funds, Fedcash and some check clearing services have resumed normal operations after a more than three-hour disruption to more than a dozen critical central bank ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. This is getting ridiculous. At this rate there won’t be any point logging on to read the FOMC minutes on ...