A RESIDENT’S GUIDE TO ATLANTA

Real-time payment is a financial concept poised for growth. In the United States, the recently unveiled FedNow system from the Federal Reserve joins the RTP system launched in 2017 as a private collaborative effort by certain large banks. In a sense, the U.S. is playing catch-up: other countries around the world have been utilizing real-time payment for a number of years. But with these new capabilities available to the world’s largest economy, near-immediate availability of transacted funds is… Real-time payment is a financial concept poised for growth. In the United States, the recently unveiled FedNow system from the Federal Reserve joins the RTP system launched in 2017 as a private collaborative effort by certain large banks. In a sense, the U.S. is playing catch-up: other countries around the world have been utilizing real-time payment for a number of years. But with these new capabilities available to the world’s largest economy, near-immediate availability of transacted funds is… Read MoreAtlanta Business News – Local Atlanta News | Atlanta Business Chronicle