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Fed accepting input until Dec. 14 on payment-system changes

Wednesday, October 31, 2018   (0 Comments)
Posted by: Amanda Averch
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The Federal Reserve will accept comments until Dec. 14 on a proposed change to the payment system that will operate round-the-clock and eliminate the ACH system. Esther George, president of the Federal Reserve Bank of Kansas City, is leading the efforts, which will be the first changes to the payment system since 1974.

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