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by MrRadar
2475 days ago
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The Federal Reserve is finally taking notice too. In addition to modernizing ACH over the past few years (so that payments can be settled on the same business day instead of over 3 business days) it has finally decided to create its own instant payments system called FedNow. Unfortunately that won't be ready until 2023 but Zelle and Venmo should fill the gaps until then. |
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