Banks reported that they have far more protections against fraud in digital channels versus branches or call centers, according to survey research.

The government-backed instant processing network has been live only since the summer of 2023, but it's already indirectly boosting usage at an unrelated bank-led rail from The Clearing House.

The American tech giant's agreement to open up to other firms may give other tech firms the chance they need to offer an updated mobile wallet.

The organization says 'request for pay' has gotten early traction with billing and account-to account transfers. Now it's targeting consumer-to-government and digital wallet disbursements.

The technology is adept at working with partial account numbers and other shreds of data to alert banks of ongoing and potential crime, the network contends.

The card network is working with Salesforce to use large language models to be more proactive in how it resolves these interactions.

The bank is connecting billers and brokerage accounts as it builds the case for instant funding. It also points to countries such as Brazil and India as models to follow.