Does Elon Musk (or CEO Linda) know about FedNow? (www.cnbc.com)

submitted 1 year ago* (last edited 1 year ago) by ShittyBeatlesFCPres@lemmy.world to c/technology@lemmy.world

26 comments fedilink hide all child comments

The Federal Reserve has already launched a small test of near-instantaneous financial transactions. Every time they talk about payments as a future feature of X/Twitter, I wonder if they know that’s getting Sherlocked.

you are viewing a single comment's thread
view the rest of the comments

[-] miracleorange@kbin.social 2 points 1 year ago

As far as an overlay service goes, Zelle basically fills that niche, and it's increasing in popularity. I think FedNow is more for larger payments.

[-] trafficnab@kbin.social 3 points 1 year ago

Zelle still takes a few days to complete transfers in my experience

this post was submitted on 23 Jul 2023

72 points (93.9% liked)

Technology

59080 readers

3693 users here now

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related content.
Be excellent to each another!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, to ask if your bot can be added please contact us.
Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago

MODERATORS