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Re:FedNow, the Fed's instant payments system, is live by ProllyInfamous on Thursday July 20, 2023 @01:22PM (#36803702)
>not a peep from my bank

Why would a for-profit banking institution actively advertise for something that will affect its bottom line (e.g. transfer fees)..?

Re:FedNow, the Fed's instant payments system, is live by mixmastamyk on Thursday July 20, 2023 @01:42PM (#36803981)
My bank doesn’t charge transfer fees. Not sure what that means, credit card fees? That’s charged by the network.

Obviates old-fashioned wires I suppose but those are rare and fee sometimes waived. Probably save money by reducing employee headcount.

Re:FedNow, the Fed's instant payments system, is live by constantcrying on Thursday July 20, 2023 @01:43PM (#36803991)
Because customers demand it and any bank which has it can attract customers from banks which don't.

A system like that exists in Europe already, banks operate for profit there too.