NEW YORK — The Federal Reserve launched a new instant payment service Thursday. FedNow allows banks and credit unions to sign up to send real-time payments so they can offer customers a quicker way to send money between banks. FedNow offers instant payment services for banks and credit unions to transfer money for their customers. Customers, including individuals and businesses, …
For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. FedNow allows banks and credit …
CLAIM: The Federal Reserve is launching a new program that will give it the power to monitor, freeze and even seize private bank accounts based on a person’s behavior or political beliefs. THE FACTS: A post circulating widely on social media claims a new government program will give the Federal Reserve broad powers to monitor and seize people’s personal bank …
