The Federal Reserve Rolls Out ‘FedNow’ Instant Payment System

The US Federal Reserve (The Fed) has finally rolled out its ‘FedNow’ instant payment system. FedNow will allow for real-time payment processing for both businesses and individuals which will streamline how payments are currently processed. This means paychecks, bill payments, and even government payments will all be processed and usable on the same day, all …

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