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
Bank Watch

Bank Watch

News and notes on Charlotte's banks and the financial industry

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

March 28, 2016 06:06 PM

UPDATED March 29, 2016 06:17 AM

More Videos

  • Hough 39, Myers Park 17

    Myers Park hosted Hough in NC 4AA high school football quarterfinals action on Friday, Nov. 24, 2017. Hough defeated Myers Park 39-17 to move on to next Friday's game against Mallard Creek.