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Federal Reserve's FedNow Goes Live With Fast Payments
July 21, 2023, 1:17 a.m. |
BankInfoSecurity.com RSS Syndication www.bankinfosecurity.com
FedNow, the Federal Reserve's first instant payment service, officially launched on Thursday. FedNow so far has 35 banks and credit unions and 16 service providers certified to use the service including community banks and large lenders such as JPMorgan Chase and Bank of New York Mellon.
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