Changing from a clearinghouse net once a day settlement to real time gross settl... | Hacker News

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		nimish on Aug 31, 2022 \| parent \| context \| favorite \| on: Fed expects to launch long-awaited Faster Payments... Changing from a clearinghouse net once a day settlement to real time gross settlement is a huge change especially if you are a small bank running ancient software.

andrewxdiamond on Aug 31, 2022 [–]

Being a massive bank with ancient software is worse in many ways

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