“We urge financial institutions and their industry partners to move full steam ahead with preparations to join the FedNow Service,” said Ken Montgomery, the chief operating officer at the Federal Reserve Bank of Boston, who has been working on the new system he said will offer a “modern instant payment solution.”
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March 16, 2023 at 05:54AM
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U.S. Federal Reserve’s Real-Time Payments System Coming In July - CoinDesk
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