|
...
Live Mint
Live Mint
2 weeks ago

US Federal Reserve looks to match India with launch of new real-time payments service FedNow

US Federal Reserve looks to match India with launch of new real-time payments service FedNow

The US Federal Reserve will launch a new payment service called 'FedNow' that will allow Americans to send and receive funds within seconds. The service will initially launch with 41 banks and 15 service providers, with plans to onboard more later this year. .