FedNow’s instant payments will help reduce fees overdraft fees

June 30, 2023
FedNow’s instant payments will help reduce fees overdraft feesFedNow’s instant payments will help reduce fees overdraft fees

Dan Dolev, managing director at Mizuho Securities, and Aaron Klein, senior fellow in economic studies at The Brookings Institute, join ‘The Exchange’ to discuss the upcoming launch of FedNow instant payments, how the FedNow system could help close the income inequality gap, and the stock impact of rapid payment systems.

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