[ - ] Prairie 1 point 1.8 yearsJul 21, 2023 08:06:19 ago (+1/-0)
This seems to be the real purpose:
FedNow isn’t offered directly to individuals and businesses, but it will serve as the basis of infrastructure for instant payments by linking banks. Transactions occur between bank accounts and enable funds to be transferred from a sender’s bank account to a receiver’s bank account immediately.
I've read that the current system, ACH (automatic clearing house), isn't very trackable. I'm betting they will retire that pretty quickly.
[ + ] boekanier
[ - ] boekanier 0 points 1.8 yearsJul 21, 2023 00:22:21 ago (+0/-0)
[ + ] Her0n
[ - ] Her0n 0 points 1.8 yearsJul 21, 2023 02:30:18 ago (+0/-0)
Ok Bill Cypher
[ + ] fritz_maurentod
[ - ] fritz_maurentod 0 points 1.8 yearsJul 21, 2023 04:48:52 ago (+0/-0)
[ + ] SilentByAssociation
[ - ] SilentByAssociation 0 points 1.8 yearsJul 21, 2023 06:33:04 ago (+0/-0)
[ + ] squidicuz
[ - ] squidicuz 0 points 1.8 yearsJul 21, 2023 18:05:44 ago (+0/-0)
[ + ] Deleted
[ - ] deleted 1 point 1.8 yearsJul 21, 2023 19:10:16 ago (+1/-0)
[ + ] squidicuz
[ - ] squidicuz 1 point 1.8 yearsJul 21, 2023 22:01:23 ago (+1/-0)
[ + ] Prairie
[ - ] Prairie 1 point 1.8 yearsJul 21, 2023 08:06:19 ago (+1/-0)
I've read that the current system, ACH (automatic clearing house), isn't very trackable. I'm betting they will retire that pretty quickly.
[ + ] Deleted
[ - ] deleted 1 point 1.8 yearsJul 21, 2023 13:15:00 ago (+1/-0)
[ + ] recon_johnny
[ - ] recon_johnny 2 points 1.8 yearsJul 20, 2023 23:26:48 ago (+2/-0)
Pretty instant.
[ + ] FacelessOne
[ - ] FacelessOne 2 points 1.8 yearsJul 20, 2023 22:28:19 ago (+2/-0)
[ + ] Deleted
[ - ] deleted 0 points 1.8 yearsJul 20, 2023 22:30:41 ago (+0/-0)
[ + ] squidicuz
[ - ] squidicuz 0 points 1.8 yearsJul 21, 2023 18:09:35 ago (+0/-0)
[ + ] dosvydanya_freedomz
[ - ] dosvydanya_freedomz 3 points 1.8 yearsJul 20, 2023 22:13:57 ago (+3/-0)