U.S. payments system – The Milli Chronicle

Wednesday, October 22, 2025

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Federal Reserve Explores New Streamlined “Payment Account” for Nonbank Firms

Washington – The U.S. Federal Reserve is exploring the idea of creating a new type of account that would give

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NewsDesk Milli Chronicle October 21, 2025 banking access, central bank innovation, Christopher Waller, digital finance, digital transformation, Fed conference., Fed payment accounts, Federal Reserve, FedNow, financial inclusion, financial infrastructure, financial technology, fintech innovation, payment modernization, payments reform, real-time payments, regulatory innovation, U.S. central bank, U.S. economy, U.S. payments system

Fed Eyes New Era in Payments: Waller Champions ‘Streamlined Payment Accounts’ for a Modern Economy

Federal Reserve Governor Christopher Waller unveils a visionary plan to open up the U.S. payment system — blending innovation, access,