#fedwire

2 stories

#business #fednow #finance #b2b-payments #central-bank-settlement #ecb #executive order #federal reserve #financial regulation #mastercard #nonbanks #payment access

Money Moves on Different Clocks
Payment systems run 24/7 while funding clocks reset daily.
Pymnts · 1m
Fed's payment access deadline passes without public answer
The Federal Reserve missed a White House deadline to report on expanding direct access to its payment systems for nonbanks and uninsured depositories.
Pymnts · 2m