Remove Good Funds Remove NACHA Remove Real Time Gross Settlement (RTGS)
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The Big Tech Canary In The Faster Payments Coal Mine

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This access, the letter says, will eliminate the bottlenecks of working through intermediaries while extending the reach of real-time payments to those who need it. Currently, access to the Fed’s Real-Time Gross Settlement (RTGS) system is limited to financial institutions that hold deposits.