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Fedwire

Fedwire

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What is Fedwire?

Fedwire is a real-time gross settlement system (RTGS) operated by the Federal Reserve Banks. It is used by financial institutions to electronically transfer funds between each other. It is commonly used for large-value, time-critical payments, such as those related to interbank lending, settlement of securities transactions, and corporate payments.

What other technologies are related to Fedwire?

Fedwire Competitor Technologies

CHIPS is a competitor to Fedwire as it is another system for large-value payment transfers in the US.
mentioned alongside Fedwire in 45% (464) of relevant job posts
Canada Lynx is a competitor to Fedwire as it is a system for large-value payment transfers in Canada.
mentioned alongside Fedwire in 94% (76) of relevant job posts
ACH is a competitor to Fedwire for lower-value, batched payments.
mentioned alongside Fedwire in 11% (418) of relevant job posts
CHAPS is a competitor to Fedwire as it is a system for large-value payment transfers in the UK.
mentioned alongside Fedwire in 17% (122) of relevant job posts
FedNow is a new instant payment service from the Federal Reserve, making it a direct competitor for faster payments.
mentioned alongside Fedwire in 21% (95) of relevant job posts
SEPA is a competitor to Fedwire as it is a system for payment transfers within the Eurozone.
mentioned alongside Fedwire in 5% (135) of relevant job posts
Zelle is a competitor to Fedwire as it is a system for person-to-person and small business payments.
mentioned alongside Fedwire in 6% (57) of relevant job posts
RTP (Real-Time Payments) network is a competitor to Fedwire for real-time payments in the US.
mentioned alongside Fedwire in 2% (145) of relevant job posts

Fedwire Complementary Technologies

ISO 20022 is a messaging standard that is increasingly used in payment systems like Fedwire to improve data richness and interoperability.
mentioned alongside Fedwire in 10% (210) of relevant job posts
ISO 20022 is a messaging standard that is increasingly used in payment systems like Fedwire to improve data richness and interoperability.
mentioned alongside Fedwire in 6% (148) of relevant job posts
SWIFT is a messaging network used by financial institutions, including those that use Fedwire, to communicate payment instructions.
mentioned alongside Fedwire in 1% (943) of relevant job posts

Which organizations are mentioning Fedwire?

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