How Banks Can Overcome 10 Challenges with FedNow Payment Sending and Acceptance
Finovate
OCTOBER 16, 2024
per RFP message, charged to the requestor. Another reason firms may be reluctant to join FedNow is that the new payment rail comes with a set of challenges for both sending and receiving payment. Managing customer payment errors With instant payments, there is not much time to correct mistakes.
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