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Banks belonging to The Clearing House have ____ the Federal Reserves recent decision to offer its own Faster Payments service on the grounds that ____.

Banks belonging to The Clearing House have ____ the Federal Reserves recent decision to offer its own Faster Payments service on the grounds that ____.

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opposed; it would cause smaller banks to put off faster payments until the Feds system was in place

supported; it would help ensure that smaller banks have access to faster payments

supported; having multiple systems would make faster payments less vulnerable to breakdowns

opposed; the Federal Reserve has more experience as a payments regulator than as a payments operator

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