FedNow Real-Time Payment Service Launches: A Game Changer in the U.S. Financial System

News | Jul 21, 2023 The Federal Reserve, the nation's central banking system, has recently launched its first real-time payment service, FedNow. What is FedNow and how does it work? FedNow officially launched on July 20, 2023, with only a small portion of banks among the early adopters of the service. The Federal Reserve is

The post FedNow Real-Time Payment Service Launches: A Game Changer in the U.S. Financial System first appeared on National Crowdfunding & Fintech Association of Canada.