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

Fintech Insider Podcast by 11:FS

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FedNow: Revolutionizing Instant Payments in the US

This chapter explores the launch and impact of FedNow, the Federal Reserve's real-time payment system in the US. It compares FedNow to other global payment systems, discusses the progress made in the first year, and highlights the importance of faster payments for businesses and individuals. The chapter also delves into challenges and potential improvements in the adoption and usage of FedNow in the evolving US payment landscape.

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