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Welcome to another episode of the Paper Podcast. Our host, Ryan James, CEO & President of Surety Bank gives his thoughts on the upcoming FedNow service and gives insight on the behind-the-scenes processes of FedNow, a faster real-time payment service offered by the Federal Reserve. He emphasizes the need for caution and waiting until the procedures have been ironed out before diving into it. He also provokes thoughtful reflection on faster payment services and whether it's really necessary.
By Ryan JamesWelcome to another episode of the Paper Podcast. Our host, Ryan James, CEO & President of Surety Bank gives his thoughts on the upcoming FedNow service and gives insight on the behind-the-scenes processes of FedNow, a faster real-time payment service offered by the Federal Reserve. He emphasizes the need for caution and waiting until the procedures have been ironed out before diving into it. He also provokes thoughtful reflection on faster payment services and whether it's really necessary.