Definition: A U.S. real-time payments rail enabling instant settlement between participating banks.
Example: A popular use case for FedNow is instant brokerage account funding, which enables investors to transfer money from a bank account to settle trades 24/7/365 without the need for an ACH.
Explore IVP Cash Management
The IVP Cash Management Solution supports payments via the FedNow system. This buy-side platform centralizes and automates cash settlements, balance monitoring, and payment workflows across banks, funds, and counterparties. By replacing manual processes with configurable, straight-through automation, it gives firms real-time visibility, stronger controls, and greater confidence in every cash movement.
