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Top banks join together to lead real-time payments network
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Banking, Consumer Protection
Friday, October 30, 2015
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The CEOs of Bank of America, BB&T, Capital One, JPMorgan Chase, U.S. Bank and Wells Fargo issued a joint statement announcing their plans to lead a secure, real-time payments network. The network is anticipated to meet the expectations of the Federal Reserve Bank’s Payment System Improvement Initiative and the Consumer Financial Protection Bureau’s vision for consumer protection. Read on for more details.
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