The New York-based fintech said it will provide an API to allow clients to access the new Federal Reserve real-time payment service when it premiers.
News Own this piece of history
Blockchain operator Tassat announced March 14 that it will provide access to the United States Federal Reserve’s FedNow payment system. FedNow, which will launch as a pilot project later this year, will provide real-time, round-the-clock payment service.
Trending: Former Michael Cohen Lawyer Drops Bombshell After Yesterday’s Testimony In Front Of Grand Jury For Manhattan DA’s Desperate Case Against Trump [VIDEO]
Tassat will serve as a business-to-business onramp for FedNow through a client-facing application programming interface (API), CEO Kevin Greene told Cointelegraph. Both the company’s interbank and intrabank services will provide FedNow access.
The FedNow pilot is expected to begin in June or July with a small number of banks.
Join the conversation!
Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!