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More Than 110 Organizations Will Participate in the FedNow Pilot Program

More Than 110 Organizations Will Participate in the FedNow Pilot Program The US Federal Reserve has announced that more than 110 organizations will participate in the FedNow Pilot Program. FedNow is a payments initiative to speed up payments and transfers. A consultation with a variety of stakeholders took place in 2018 with the concept of FedNow emerging as a new interbank real-time service seeking to support instant payments in the United States. Esther George, President and CEO of the Fede...
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