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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 …
by Dismal-Jellyfish Source: https://www.federalreserve.gov/newsevents/pressreleases/other20230720a.htm The Federal Reserve on Thursday announced that its new system for instant payments, the FedNow® Service, is now live. Banks and credit unions of all sizes can sign up and use this tool to instantly transfer …
As of 3am EST the FedNow transaction network is live paving the way for real-time CBDC payments. As of July 20th, 41 banks & 15 service providers are certified to use the settlement service, including community banks & large lenders …
The Federal Reserve has announced that 57 companies have completed the formal testing and certification process for FedNow, clearing them to begin using the new instant payment system once it launches later in July. https://www.kitco.com/news/2023-07-03/Federal-Reserve-reveals-the-57-companies-cleared-to-use-FedNow.html full list of participants https://www.frbservices.org/financial-services/fednow/organizations-certified …