Comment on The Fed is getting into the Real-Time payments businessparentComments−thinkloop7yIs the primary role of the Fed in this case as an arbiter for disagreements? Why can't the banks achieve the same directly between each other using an agreed upon protocol?−samat7yThey need to settle their master accounts anyway.
Comments
Is the primary role of the Fed in this case as an arbiter for disagreements? Why can't the banks achieve the same directly between each other using an agreed upon protocol?
They need to settle their master accounts anyway.