Treasury to replace checks with FedNow payments
US payments network has 902 financial institutions on its platform
The U.S. Federal Reserve’s FedNow platform has exceeded expectations in its first year, expanding its reach to 10% of financial institutions, so far. FedNow is expanding its reach to financial institutions on the network and volume is expected to follow in the coming years, Kristin Robertson, director of account management at fintech Finastra, told […]
