Monday, 20 July 2026
01 / About 90 seconds
01 + 01Story · cause
Settlement, decoded
Not just a quicker notification.
FedNow processes and settles each payment individually within seconds. The Federal Reserve debits and credits the banks’ master accounts; participating banks must then make the money available immediately after settlement notification.
That distinction matters: the movement between banks has happened too. Speed with certainty, not a fast-looking front end over a slow back end.
How the Federal Reserve explains it →From launch to scale · Q2 2026
Nearly 5 million payments settled.
$3.0bnAverage value each day
See the Federal Reserve’s latest volume and value data →
Today’s deserving cause · Charity Link
A tenner that does the work of a bullseye.
£10 → £50Essential items
Working with 250 community organisations, Charity Link helps people in financial hardship across Leicestershire, Rutland and Northamptonshire access beds, clothing, white goods, food and utilities.
Meet Charity Link →Tomorrow in Wonderful Daily
The £100 contactless limit stopped being a rule.
Since March, contactless settings have been moving from one national ceiling to decisions made by individual providers.