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August 6, 2019 05:48 am GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/5s_RB3MTX8o/
The Federal Reserve announces plans for a real-time payments system that will be available to all banks
The Federal Reserve Bank announced today that it is developing a new service called FedNow that will allow all banks in the United States to offer 24/7 real-time payment services every day of the week. FedNow is expected to be available by 2023 or 2024 and will initially support transfers of up to $25,000. FedNow […]Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/5s_RB3MTX8o/
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