How Banks Can Overcome 10 Challenges with FedNow Payment Sending and Acceptance
Finovate
OCTOBER 16, 2024
FedNow, the U.S. Now, 15 months later, adoption rates have been unpredictably slow, especially when it comes to banks that are able to send FedNow payments. Close to 60% of the financial institutions on board with FedNow can receive payments, while only 40% of firms have signed up to send payments.
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