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The Daily Hodl 2023-07-21 16:55:44

U.S. Federal Reserve Officially Launches New Instant Payment Service FedNow

The new instant payment infrastructure of the U.S. Federal Reserve, called FedNow, has officially been launched. Banks and credit unions can now sign up with the payments system to enable instant money transfers for their customers at any hour of the day, according to a recent press release. The Fed says on Twitter that the The post U.S. Federal Reserve Officially Launches New Instant Payment Service FedNow appeared first on The Daily Hodl .

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