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FedNow: The Future of Payments in the U.S.
- Narrated by: Loida E. Figueroa
- Length: 45 mins
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Summary
FedNow is a real-time payment service being developed by the US Federal Reserve to enable faster, more efficient, and secure payments. This audiobook provides an in-depth look at FedNow, covering its features, implementation and rollout, impact on financial institutions, businesses, and consumers, regulatory landscape and compliance, security and privacy considerations, and future outlook.
Through this comprehensive guide, readers will gain a deeper understanding of the evolving payments industry in the US, the challenges and opportunities associated with implementing a real-time payment service, and the potential benefits that FedNow can bring to the payments ecosystem. This book also includes references for readers who wish to further explore the topic.
Whether you're a financial institution, a business owner, or a consumer interested in the future of payments, this book offers valuable insights into the development and impact of FedNow on the US payments industry.