Marketplace has a new podcast for kids, "Million Bazillion!" EPISODE OUT NOW

The Fed enters the instant-payment fray

Aug 6, 2019
The Federal Reserve has plans for a new instant payment network, set to launch in 2023 at the earliest. But critics say the Fed's waiting too long, given that a rival instant payment network already exists.
The Federal Reserve building in Washington, D.C., in 2008.
Chip Somodevilla/Getty Images