Date: 2023-04-08T16:10:53Z Creator: Bitfolio Academy
Get ready to experience a banking revolution like no other with FedNow! First, FedNow is set to support the new messaging standard, ISO 20022. This enhanced data format will enable richer data, such as name, address, and email, to be passed along with a transaction.
But that’s not all – one of the most revolutionary feature of FedNow is that it will operate 24/7! That’s right, you will be able to transfer funds to your bank account anytime, day or night, even on weekends. FedNow is a much-needed upgrade to the legacy banking industry.
Let me know in the comments. 🤔
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