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One Year of FedNow: An Instant Payments Revolution Takes Root in the U.S. - NGDATA

Written by Jenn Day | Aug 1, 2024 10:01:21 PM

Read the Credit Union Times article here.

Here is a brief summary:

  • One-year anniversary of FedNow Service launch.
  • Significant impact on real-time payments adoption in the U.S.
  • Addresses previous lag behind other developed nations.
  • Enhances payment efficiency, security, and accessibility.
  • Marks a pivotal shift in the U.S. payments landscape.