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MCUA Comments to Federal Reserve Banks on Payment System Improvements

Missouri Credit Union Association (MCUA) recently submitted a comment letter to the Federal Reserve Banks on their “Payment System Improvement – Public Consultation Paper,” commending the approach taken by the Fed Banks and engagement with stakeholders to look into ways to improve the U.S. payment system. 

Credit unions are an important part of the payment system and provide many safe and secure, as well as innovative payment services for consumers and businesses. MCUA urges a payments framework that facilitates the ability of credit unions and small financial institutions to access and utilize the latest developments in payments.



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