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FedNow, the US Federal Reserve’s instant payment platform, is now live


The Fed just announced that its long-awaited system for instant payments has finally gone live. FedNow, which has been in the works since 2019, will provide individuals and small-to-medium businesses with a tool to transfer money any time of the day, on any day of the year. A capability that…

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Author: . [Source Link (*), TechSpot]

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