FedNow instant payments service Set for Launch in 2023

FedNow instant payments service Set for Launch in 2023

People see the FedNow instant payments service as a step toward putting in place a CBDC in the future. The U.S. Federal Reserve has moved the launch of its FedNow platform for instant payments to between May and July of 2023.A press release says that the service will be available to financial institutions of any […]