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Neno's Place Established in 2006 as a Community of Reality


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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    JPMorgan Chase and 40 Other US Banks Conducting FedNow Trial Runs Ahead of the Instant Payment Servi

    Rocky
    Rocky
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    Posts : 274330
    Join date : 2012-12-21

    JPMorgan Chase and 40 Other US Banks Conducting FedNow Trial Runs Ahead of the Instant Payment Servi Empty JPMorgan Chase and 40 Other US Banks Conducting FedNow Trial Runs Ahead of the Instant Payment Servi

    Post by Rocky Sun 02 Jul 2023, 2:56 pm

    [size=32]JPMorgan Chase and 40 Other US Banks Conducting FedNow Trial Runs Ahead of the Instant Payment Service’s Launch
    [size=13][size=14]Daily Hodl Staff
     
    July 1, 2023
     
    BLOCKCHAINFINANCEFLUXREGULATORS

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    JPMorgan Chase and 40 Other US Banks Conducting FedNow Trial Runs Ahead of the Instant Payment Servi FedNow-Trial-Runs-Ahead




    Banking giant JPMorgan Chase and 40 other US banks are testing the Federal Reserve’s new instant payment infrastructure called FedNow.
    According to a new Federal Reserve press release, 41 banks and 15 service providers are wrapping up FedNow test [size=18]trials ahead of an official launch of the service, which is scheduled for late July.


    Says Ken Montgomery, first vice president of the Federal Reserve Bank of Boston and FedNow program executive,
    “We are on track for the FedNow Service launch, with a strong cohort of financial institutions and service providers of all sizes in the process of completing the final round of readiness testing. With go-live nearing, financial institutions and their industry partners should be confident in moving forward with plans to join the network of organizations participating in the FedNow Service.”
    According to the Federal Reserve, the FedNow Service aims to enable businesses and individuals to send and receive instant payments anytime.
    The Federal Reserve says it plans to increase the number of banks using FedNow this year and in years to come until all 10,000 have adopted the technology.
    Other large banks testing the service to start using it in July include Bank of New York Mellon, US Bancorp and Wells Fargo. The U.S. Department of the Treasury is also intending to use the service.
    The service providers running final tests include Juniper Payments, Jack Henry and Open Payment Network.
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    https://dailyhodl.com/2023/07/01/jpmorgan-chase-and-40-other-us-banks-conducting-fednow-trial-runs-ahead-of-the-instant-payment-services-launch/
    Rocky
    Rocky
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    Posts : 274330
    Join date : 2012-12-21

    JPMorgan Chase and 40 Other US Banks Conducting FedNow Trial Runs Ahead of the Instant Payment Servi Empty Re: JPMorgan Chase and 40 Other US Banks Conducting FedNow Trial Runs Ahead of the Instant Payment Servi

    Post by Rocky Sun 02 Jul 2023, 2:57 pm


      Current date/time is Tue 23 Jul 2024, 6:32 am