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Fed’s new instant payment system could be trouble for PayPal, Venmo

arstechnica.com Banks serving as guinea pigs for Federal Reserve’s instant payments system

The Fed's goal is to connect 9,000 financial institutions nationwide.

Banks serving as guinea pigs for Federal Reserve’s instant payments system

Fed’s new instant payment system could be trouble for PayPal, Venmo::The Fed's goal is to connect 9,000 financial institutions nationwide.

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