5min chapter

Fintech Insider Podcast by 11:FS cover image

879. Insights: One year of FedNow: Has it changed payments in the US?

Fintech Insider Podcast by 11:FS

CHAPTER

Adoption of FedNow by Top Banks in the US

Exploring the differences in philosophies between private and central bank-owned systems for clearing and settlement, and the implications of big banks not joining FedNow due to established systems. The role of technology in bridging gaps for seamless payment infrastructures is discussed, along with the potential dominance of ACH systems like RTP and FedNow.

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