NetXD Supports the FedNow® Service, Advancing US Payment System

LAWRENCE, Kan.--(BUSINESS WIRE)--NetXD is now supporting live transactions on the Federal Reserve’s instant payments rail, the FedNow Service. NetXD is certified to enable Send and Receive credit transfers as well as Receive RFP for financial institutions. Financial Institutions can use a single solution from NetXD to connect to the FedNow Service as well as the TCH RTP® network. Paired with NetXD’s XD Ledger platform, the suite of solutions is designed to remove reconciliation bottlenecks, pro