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What is FedNow and How Does it Work?
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What is FedNow and How Does it Work?

Fintech advancements have brought sweeping changes to banking in recent years. The FedNow Service looks set to continue that trend, which is welcome news to some and worrisome to others. First announced in 2019, FedNow began its soft launch in late July with 41 banks and 15 financial service providers in the initial rollout, including...