Judy Mok

Judy Mok

Ballard Spahr LLP

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Fed Announces Details Of Real-Time Settlement Service To Support Instant Payments

The Federal Reserve Board recently issued a Service Announcement setting forth the details of its FedNow Service, a new 24x7x365 interbank settlement service with clearing functionality to support instant payments in the...more

8/14/2020  /  Banks , Federal Reserve , FedNow , Financial Institutions , Material Adverse Effects , Payment Systems , Real Time Payment (RTP)
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