The US Federal Reserve commits to rolling out its real-time payment system FedNow Service in July 2023 - (TREASURY NEWS)

Pushpendra Mehta meets with Anthony Carfang, Managing Director of The Carfang Group, and Paul Galloway, Senior Advisor at Strategic Treasurer, to review the latest treasury news and developments. Topics of discussion include the following:  

• UBS buying Credit Suisse in a historic rescue deal
• Tightening in lending standards expected as stress ripples through smaller banks in the US
• The US Federal Reserve commits to rolling out its real-time payment system FedNow Service in July 2023
• Citi partnering with TIS to drive cash forecasting and working capital efficiencies for treasurers