US Federal Reserve Is Focused on Launching FedNow for Real-Time Digital Payments and Settlements

The US Federal Reserve, which is the central banking system of the country, has reportedly been working on a new real-time payment and settlement system, called FedNow. Governor Lael Brainard claims that the Fed plans to have FedNow fully operational as soon as possible. Brainard… Read More
Read more in: Fintech, Politics, Legal & Regulation | Tagged coronavirus, covid-19, digital payments, digital transactions, fed, federal reserve, fednow, fintech adoption, governor lael brainard, instant payments, lael brainard, real-time payments, retail payments, united states, us, us federal reserve