Pardon The Interruption: The Banking Policy Edition
Banking with Interest
00:00
Is Fed Now Worth It?
Venmo has five times the number of complaints than Zell. Fed now is not going to be compatible with other real-time Payment system we have in the US. I think you're gonna see it move in the next several years into the consumer payment space. The interchange rails on the debit side are just gonna be more costly than doing Fed now transactions.
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