By CryptoGlobe - 5 months ago - Reading Time: 1 minutes
Exploring Federal Reserve’s FedNow Service’s Impact and Evolution of Instant Payments: Insights from Marcel Kasumovich
The FedNow Service, established by the Federal Reserve, is an innovative instant payment system designed to accommodate depository institutions of various sizes throughout the United States. This service enables these institutions to offer real-time payment solutions to their customers. It went live on 20 July 2023. Businesses and individuals connected to financial institutions participating in […]Original source: CryptoGlobe