The Fed Announced that 57 "Early Adopter" Organizations Are Ready For the FedNow Instant Payment Service
The Federal Reserve’s new FedNow Instant Payment service is expected to launch in late July. On June 29, 2023, the Federal Reserve announced that 57 organizations, consisting of 41 financial institutions, 15 service providers, and the United States Department of the Treasury, have been certified to participate in the FedNow instant payment service afte…
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