Congratulations America: Your Paycheck Will Soon Clear in One Day

The 40-year-old network that moves money among U.S. banks is finally getting an upgrade.
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It’s Friday, and your paycheck is missing a zero. Even if payroll owns up to it, you could be waiting until Wednesday to get your money. Your power company is threatening a penalty for an overdue balance? Don’t expect your last-minute payment to get there in time. Waiting for the market to drop before buying stock? By the time the money gets to your mutual fund, it will probably have recovered.

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