Venmo, which lets users pay with a tap, is among a variety of apps that allow people to send payments to one another in as little as one business day. The Federal Reserve is overseeing a task force examining ways to create a larger real-time payments system in the U.S. that would involve banks and other financial services companies.
Venmo, which lets users pay with a tap, is among a variety of apps that allow people to send payments to one another in as little as one business day. The Federal Reserve is overseeing a task force examining ways to create a larger real-time payments system in the U.S. that would involve banks and other financial services companies. Elise Amendola AP
Venmo, which lets users pay with a tap, is among a variety of apps that allow people to send payments to one another in as little as one business day. The Federal Reserve is overseeing a task force examining ways to create a larger real-time payments system in the U.S. that would involve banks and other financial services companies. Elise Amendola AP
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Bank Watch

March 28, 2016 6:06 PM

Federal Reserve seeks faster digital payments in the U.S.

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