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Democratic senator to Powell: Get moving on faster payments


Spekulatius
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Glad some politicians are pushing on this - the ACH system with a 3 day lag is a disgrace and should be replaced by a faster almost instant payment system. Might have implications for Fintech, banks and payment companies like Visa and MC? A faster payment system will cost the banks float.

https://finance.yahoo.com/news/sen-van-hollen-to-powell-get-moving-on-faster-payments-195229023.html

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