technology
Technology L4s 1y ago 98%

Fed’s new instant payment system could be trouble for PayPal, Venmo

https://arstechnica.com/tech-policy/2023/07/banks-serving-as-guinea-pigs-for-federal-reserves-instant-payments-system/

Fed’s new instant payment system could be trouble for PayPal, Venmo::The Fed's goal is to connect 9,000 financial institutions nationwide.

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