What Is FedNow & How Can Businesses Prepare for It?
Seon
JULY 27, 2023
Launched on July 20, 2023, the FedNow Service is an instant payment system created by the Federal Reserve for American households and businesses. According to the Federal Reserve’s FAQs page, the system is secure and can carry out transactions within seconds on a 24/7 basis, any day of the year. What Is FedNow?
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