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Happy First Birthday FedNow: But is This a Cause For Celebration?

The Fintech Times

In fact, in 2023 , real-time payments only made up one per cent of all payments in the country. Up to this point, US financial institutions have relied on The Clearing House ‘s (TCH) Real-Time Payments Network (RTP), run by big banks. What is actually popular?

FedNow 59
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The Future Of Payments Beyond The Pandemic

PYMNTS

The technological stage has been set for that embrace of digital transactions with a slew of new payment products and services on offer. Standfield noted that “fraudsters are not going to stop being fraudsters” and will try to take advantage of the speed with which consumers and merchants will move to adopt new payment methods.