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Fed launches FedNow instant payment service

Fed launches FedNow instant payment service

The Federal Reserve has launched its instant payment service, FedNow, for direct deposits and transfers between individuals' bank accounts. Yahoo Finance Fed Reporter Jennifer Schonberger details the difference between FedNow and peer-to-peer services like PayPal and Venmo as banks slowly adopt the service. This post was written by Luke ...

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Will you be using the new Fed Now app to transfer funds? . . Follow @catinathebroker . . . #fednowapp #fednow2023 #cashappfounder #cashappexcepted #businessownerproblem #techexecutive #cashappcreator #boblee #cashappfounderdead | Catina Willis

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