FedNow is owned by the Federal Reserve. They are almost certainly going to retain stricter regulation than independently operated payment processors.
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b3an@lemmy.world 7 months agoWhat prevents them from getting bigger and doing the same thing. This cycle of sadomasochism needs to stop at the root cause.
Landless2029@lemmy.world 7 months ago
Enshitification is common. Corps care a ton about social pressures and norms. They get swayed easily by public opinions.
This one is US Gov based so we’ll see how it plays out. They tend to be slower to move… Until someone starts slinging executive orders around to rip things out and tear them down.