Embedded finance news: FedNow
Modulr picks Cogent Bank for U.S. payments launch
Modulr will open U.S. accounts and payouts through Cogent Bank, reaching ACH, RTP and FedNow via FIS.
FedNow discount program pays statement credits from January 2027
FedNow will pay statement-credit discounts to receive- and send-enabled institutions from January 1, 2027.