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‘We want to take the time to get it right’ — Fed’s Montgomery on FedNow

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Ken Montgomery, who is heading up the Federal Reserve's faster payments network, says the agency is taking an incremental approach to launching the service.

Read more: Why the Fed is taking an incremental approach to faster payments

The Marriner S. Eccles Federal Reserve building in Washington on Jan. 2, 2020.
The Marriner S. Eccles Federal Reserve building in Washington on Jan. 2, 2020.