FedNow Is live but banks face integration decisions

For banks eyeing what they must do to get on board the FedNow Service to meet customers’ expectations for faster payments and integrate with the first new payments rails in the United States in four decades - the challenges are numerous.
Form3 Chief Operating Officer Eimear O’Connor said in an interview with PYMNTS that some lessons have already been learned outside of the U.S., particularly in Europe, where real-time payments have been a mainstay.