Pro Take: Fed to Face Competition as It Enters the Instant-Payments Space

Pro Take: Fed to Face Competition as It Enters the Instant-Payments Space

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Americans like speed: fast food, same-day Amazon door drops and airport express lines. The Federal Reserve operates reliable payment systems for Americans to deposit paychecks and pay bills, but it hasn’t offered an instant one—yet. The U.S. central bank will launch its FedNow instant-payments…

#amazon #federalreserve #fednow

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