FedNow Service Readies Cross-Border Capabilities and Request for Payment Pilot
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Three years after the Federal Reserve launched the FedNow® Service, the instant payment infrastructure serves 1,800 financial institutions, including seven of the 10 largest banks, and reaches over half of all U.S. checking and savings accounts. “With strong, double-digit volume growth and billions in value transacted every day, plus new use cases continually hitting the […] The post FedNow Service Readies Cross-Border Capabilities and Request for Payment Pilot appeared first on PYMNTS.com.
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