Banks serving as guinea pigs for Federal Reserve’s instant payments system
arstechnica.com
The Fed's goal is to connect 9,000 financial institutions nationwide.

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

  • @mallocEnglish
    4•1 year ago

    This is what banking looks like if you are poor, unfortunately.

    Those cash checking places are fucking evil. Then the payday loan companies with usury…