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July 13, 2023
57 "early adopter organizations" have now been certified to participate in the U.S. Federal Reserve's FedNow instant payments program that will be rolled out later this month (July, 2023). Cleveland Federal Reserve President Loretta Mester stated yesterday that the FedNow program "should help ensure financial stability should bank stress arise," by limiting withdrawals. Last month (June, 2023), I reported how The Consumer Financial Protection Bureau (CFPB), an organizati...
April 1, 2023
The first week of April, 2023 marks the beginning of the enrollment and certification process for financial institutions to start participating in the Federal Reserve's new FedNow "Instant Payments" services, which is scheduled to launch in July, 2023. While many in the alternative media (myself included) have linked the FedNow program to Central Bank Digital Currencies (CBDCs), technically speaking, FedNow is NOT part of the development of CBDCs. Michelle Bateman, Director of Pro...
October 22, 2021
The report is clear that broadband providers, broadly speaking, see online advertising as a lucrative side hustle.