Federal Reserve Confirms July Launch for FedNow Instant Payment Service
The long-awaited quick payments system from the US Federal Reserve, which is seen as an alternative to central bank digital.
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Feds Shut Down Signature Bank, Say Signature and Silicon Valley Bank Depositors Will Be Made Whole
Silicon Valley Bank and Signature Bank depositors will receive their cash on Monday. The announcement was made by Federal Reserve.
- by Oladapo Hapostle
- March 14, 2023