# Federal Reserve announced FedNow Service live for instant payments

Date: 2023

_No public text on this fact yet._

## Drivers

- Digital-Payment Adoption: https://factrail.ai/drivers/digital-payment-adoption

## Sources

_Sources are listed on the canonical page._

## Methodology

https://factrail.ai/methodology

Canonical: https://factrail.ai/facts/fednow-service-live-july-2023