Pioneers of Now represent engaged financial institutions and service providers united by their commitment to early adoption of the FedNow Service, which launched in July. The Fed recently spoke with a representative of a commercial bank operating more than 2,000 branches to discuss their biggest takeaways from implementation and resource planning for the FedNow Service; why it is important for financial institutions interested in instant payments to act now; and how they predict the payments industry will continue evolving.
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