FedNow Is Ready! Future API Plug & Play Built-In For Interoperability

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1 year ago
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Digital platform "FedNow," which aims to boost financial interoperability, may soon alter the industry as we know it. The entire world is working feverishly to get the software ready for release so that a "plug and play" API can be used to link all the Central Bank networks together when the time is right. Users should exercise caution because this type of system opens the door to privacy invasions and other forms of abuse.

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