Alex Johnson, creator of the Fintech Takes newsletter, and I are happy to bring you this very special episode of Fintech Recap. We had the honor of sitting down with Mark Gould, the Chief Payments Executive for Federal Reserve Financial Services.

For context, we recorded this episode in mid-July, on the eve of the launch of FedNow. We had the chance to hear from Mark on:

* Mark’s background and 30+ year career at the Federal Reserve

* More than interest rate policy: The Fed’s Federal Reserve Financial Services group, which is responsible for payments products like cash, ACH, wires — and FedNow

* The creation and launch of FedNow, including potential uses cases and possible impacts on other payment methods

* How Mark thinks about defining “success” for FedNow

* and much, much more!

Many thanks to Mark and his team for taking the time to sit down and speak with Alex and me on the future of US payments!

Existing subscriber? Please consider supporting this newsletter by upgrading to a paid subscription. New here? Subscribe to get Fintech Business Weekly each Sunday:

Get full access to Fintech Business Weekly at fintechbusinessweekly.substack.com/subscribe