Happy First Birthday FedNow: But is This a Cause For Celebration?
The Fintech Times
JULY 24, 2024
Up to this point, US financial institutions have relied on The Clearing House ‘s (TCH) Real-Time Payments Network (RTP), run by big banks. In fact, in 2023 , real-time payments only made up one per cent of all payments in the country. What is actually popular? Are instant payment methods becoming more mainstream in the US?
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