Technology companies like Apple and Samsung brought mobile payments to the fore and issues that led the U.S. to lag in mobile wallets have for the most part been settled. This report examines how a core group of banks are establishing themselves as pace-setters in attacking the challenge of remaining "top of wallet" as consumers migrate commerce to smartphones.
The giant custody bank plans to offer specialized instruction in cybersecurity, AI and other topics to 1,000 community bank executives.
The bank and Chinese technology giant are speeding transaction processing for business payments, Airwallex makes a deal to bolster its payments tech and more in the American Banker global payments and fintech roundup.
The superregional bank, which pulled the plug on bitcoin custody services in 2022, is reintroducing those services following the demise of an unfavorable SEC rule.
The American Fintech Council urged a federal court to deny requests by banking groups to stay the Consumer Financial Protection Bureau's open banking rule compliance dates while litigation is ongoing.
Attackers used stolen vendor credentials to move $130M, underscoring vulnerabilities in real-time payment systems.
The payment company claims the bank is trying to "take advantage" of uncertainty around open banking regulations.
