It’s here. We either fight it or just give up all our freedoms. Step 2 is getting the digital readers for palm and face in place across the US and the World. Step 3 is to create and issue a digital ID via the banking system. Step 4 is to implement CBDC digital currency. Step 5 is submit to being a slave in the digital concentration camp.
FedNow, the Fed’s instant payments system, is live
The Federal Reserve launched its much anticipated instant payments system, FedNow, on Thursday.Bloomberg
The Federal Reserve launched its much-anticipated real-time payments system on Thursday.
The FedNow Service will settle payments between banks and other financial institutions 24 hours a day, seven days a week, with transactions clearing in seconds. The system went live with 35 banks and credit unions set up to use it directly and 16 service providers capable of using it on behalf of banks.
“The Federal Reserve built the FedNow Service to help make everyday payments over the coming years faster and more convenient,” Fed Chair Jerome Powell said in a statement. “Over time, as more banks choose to use this new tool, the benefits to individuals and businesses will include enabling a person to immediately receive a paycheck, or a company to instantly access funds when an invoice is paid.”