
Real-time Real Talk: A Real-time Payments Download (3 of 3)
Part III - Unblocking and Unlocking
What needs to be true
For FedNow to take off, many things need to be true. Below are my top five:
* Bank incentives
* Consumer, merchant, and B2B adoption
* Ideally interoperability
* Access for non-bank PSPs
* Communication
Bank incentives
FedNow is fundamentally a service to banks.