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Financial Institutions and Service Providers Welcome Launch of FedNow

July 20, 2023
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Financial Institutions and Service Providers Welcome Launch of FedNow

July 20, 2023
Financial institutions and payment service providers hit the ground running when the Federal Reserve launched the FedNow Service on Thursday (July 20). Many had new offerings ready to go using the nationwide payments infrastructure, which was the first to be implemented in about 40 years. At the time of Thursday’s launch, 35 banks and credit unions, and the U.S. Department […]