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ABA: FedNow Should Be ‘Bank-Centric,’ Interoperable

September 10, 2020 at 08:54PM

In a letter today, American Bankers Association offered several recommendations for the Federal Reserve to consider as it continues to develop its FedNow service. The letter came after the Fed last month released further details about key features of its “initial service offering,” including fraud prevention, liquidity management and interoperability. ABA continued to emphasize the […]

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