FedNow Could Mean a Renaissance for Smaller Financial Institutions
The FedNow instant payments rail has the potential to be a boon for smaller financial institutions, including credit unions and community banks. By leveraging FedNow, these smaller institutions can expand into business services such as on-demand payroll services and vendor payment tools, offering faster and more convenient payment options. During a PaymentsJournal podcast, Jon Budd, […]
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