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. Even since the introduction of FedNow, it seems its popularity has only grown – as it hit new quarterly high values and volumes. What is actually popular? We set out to find out.
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