[krinchan]

You're referring to the launch of FedNow, right? It's interesting because most of the analysis I've seen keeps assuming it'll be more B2B and that people will just continue to use P2P apps. However, I don't see any reason said apps won't move to FedNow themselves. The underlying ACH should be fairly easy to swap out with FedNow, right? Venmo and CashApp have only free money (in the form of lower fees and faster settlement) and better security to gain, it feels like.

[scrollaway]

Yeah FedNow. It will be b2b but this means an easier time to launch fintechs in that space that make use of it. Consumers will benefit, the iteration time is just a bit longer.