[TulliusCicero]

> Is this the first US implementation of "Faster Payments"?

No, there's already Zelle, which is fairly popular now, though not as ubiquitous as instant bank transfers in other countries: https://en.wikipedia.org/wiki/Zelle_(payment_service)

[gtowey]

Zelle is crap. It was created by banks to skirt regulations which make them responsible for fraud. It exists to make things worse for their customers which is why they pushed people to use it so hard.