Remove FedLine Remove Fraud Detection Remove Irrevocability
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What Is FedNow & How Can Businesses Prepare for It?

Seon

The payer approves, then their credit union screens the payment and sends a payment message through the FedLine network. In addition, only one main organization’s system and network can be approached in the event of fraud, hacking attempts, and/or system or user errors. In fact, the transactions themselves are irrevocable.

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