Banks should prep for FedNow’s real-time payments

The U.S. is seven months out from testing the FedNow Service, the Federal Reserve’s real-time payments rail, and now is the time for banks to prepare. The question is: How? The FedNow pilot project launched in January of this year. Pilot participants, which include big banks like Citi, JPMorgan Chase and Wells Fargo & Co., […]