The Impact of FedNow on the US Payments Landscape
Segpay
JUNE 13, 2024
The Federal Reserve’s goal is to achieve wide adoption of FedNow over time, much like the Fedwire ® Funds Service and FedACH ® Services. Integrated Fraud Management Features: Transaction Limits and Negative Lists. Settlement of these transactions often takes days, which impacts businesses and consumers.
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