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A comment on Molly White Tracks Crypto Scams. It’s Going Just Great. Parent comment

Re:Molly White Tracks Crypto Scams. It’s Going Just Great by UncleOxidant on Tuesday May 30, 2023 @02:56PM (#36129001)
Just googled FedNow and there's FAQ where one of the questions is "Will FedNow replace services like Venmo, Cashap, zelle..." and the answer there is no... which doesn't make sense if it's suppose to be a way to instantly transfer money. Wouldn't FedNow replace all of those?
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Re:Molly White Tracks Crypto Scams. It’s Going Just Great by ttyprintk on Tuesday May 30, 2023 @02:57PM (#36129026)
Prior commentary:

https://news.ycombinator.com/item?id=32510581

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Re:Molly White Tracks Crypto Scams. It’s Going Just Great by ianburrell on Tuesday May 30, 2023 @03:56PM (#36129810)
FedNow is the replacement for ETF. It is a service not an app. Venmo, Cashapp, and Zelle apps are built on top of ETF service. Those apps will presumably switch to FedNow. It is will likely be integrated into bank apps sort of like Zelle is now. I really hope that different apps will be able to send money to each other.
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