FedNow Service Pilot Program Gaining Traction and Support
By EsqSocial Corporation 16/06/21
In January, the Federal Reserve Banks announced that over 110 organizations were participating in the FedNow Service’s pilot program. After announcing the launch would move up to 2023, and then setting forth FedNow’s message specifications, a proposed rule for FedNow transfers was published this month for comment....
By: King & Spalding