Banks serving as guinea pigs for Federal Reserve’s instant payments system
arstechnica.com
The Fed's goal is to connect 9,000 financial institutions nationwide.

Fed’s new instant payment system could be trouble for PayPal, Venmo::The Fed’s goal is to connect 9,000 financial institutions nationwide.

  • Callie@pawb.socialEnglish
    43·
    1 year ago

    Please! I’m so tired of everything being a private company that lobbies for stuff to stay the same. Places like Turbo Tax being a huge example of why it’s so ridiculous to file taxes in the US, where as in every other first world nation it’s either simple or the government does it for you

    • Chaotic Entropy@feddit.ukEnglish
      23·
      1 year ago

      In other countries the incentive is to get you to pay your taxes, in the US the incentive is to get you to pay tax filing companies.