FedNow, the platform the Federal Reserve has been working on to enable nearly instant payment settlement within the U.S., is set to launch between May and July of 2023.
FedNow is a platform the Fed will provide for banks to build on top of and create payment features in existing or new products. Products enabled by FedNow will have nearly instant settlement around the clock.
Depending on how its partners implement FedNow, it could be used consumer-to-business, business-to-business or consumer-to-consumer.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Jared Walsh’s goal is to be ready for Angels’ 2023 openerWalsh was placed on the injured list on Thursday with thoracic outlet syndrome, with surgery still not out of the question.
Read more »
Here’s Why Chris Rock Declined the Offer to Be the Oscars’ 2023 HostChris Rock told the crowd at a Phoenix stand-up show this week that he was offered to host the 2023 Oscars, following the incident in which Will Smith stormed the stage and slapped him across the face.
Read more »
Mercedes’s All-Electric AMG EQE and All-Wheel-Drive EQS Headline the Its 2023 EV LineupThe German automaker's line of battery-powered vehicles continues to grow.
Read more »
Chris Rock Declined Offer To Host 2023 Oscars After Will Smith SlapDuring a packed stand-up set in Arizona, Chris Rock reveals the Academy has reached out to him with an offer to host the Oscars again in 2023. This comes after Will Smith infamously slapped Rock during this year's ceremony.
Read more »
2023 Mazda 3 Drops Base Engine, Gains Horsepower and MPGSedan and hatchback models with the naturally aspirated engine now make 191 hp, and prices range from $23,615 up to $36,365.
Read more »