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Associate Director Dr. Ling Ling Ang has published “Fed’s Real-Time Payments Idea Presents Risks, Challenges” in Law360. Dr. Ang and co-author Judy Mok, Of Counsel at Ballard Spahr LLP, discuss how real-time payment may affect overdraft fees charged to consumers, and how consumer behavior might change in response. The authors raise questions regarding the logistics of transitioning from traditional ACH to real-time payments, allocation of liability, and possible regulatory responses.