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The Clearing House: FedNow could create ‘bifirucation’ in real-time payments

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The Clearing House launched its real-time payments (RTP) network two years ago with the goal of bringing instantaneous payments to financial institutions in the U.S. So far, more than half of the transaction accounts in the U.S. are on it. The goal is to reach all accounts by 2020. But a real-time payments network operated […]

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