Long Anticipated, FedNow Payments System to Launch in July. No Blockchain Necessary
The FedNow Service will commence operations this coming July, according to a statement by the US Federal Reserve. FedNow is an effort to facilitate instant payment services by financial institutions 24/7/365. Currently, most transactions provided by legacy financial institutions can take days. Both businesses and… Read More
Read more in: Politics, Legal & Regulation, Fintech | Tagged fednow, ken montgomery, payments, tom barkin, us federal reserve