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About 15% of the bank’s partners are likely to leave this year to make room for new ones; the bank said it is looking into why it charges some customers even after their accounts are closed.
September 5 -
A new kind of institution wants to make the interest rate the Federal Reserve pays to its member institutions more widely available, but that could have big implications for monetary policy.
September 5 -
There are lots of reasons for companies to have multiple payment accounts, though reconciliation can be a pain. But there are ways the cloud can mitigate the headaches, says Nvoicepay's Mike Fortmann.
September 5Nvoicepay -
The Fed's development of a real-time payments systems has sparked a pointless debate about paper checks.
September 4Nacha -
Banks have to be more resourceful with technology and less dependent on high interest rates.
September 4Polyient Labs -
The co-head of the bank’s securities division, 55, was once seen as a possible CEO; the institutions are gobbling up small banks at a record pace, prompting pushback from banks.
September 4 -
Young people prefer transfer apps, but privacy and authentication will need to be improved, says Sonarax's Benny Saban.
September 4Sonarax -
Consumer trust is hard to win, easy to lose, and eroding daily as attackers achieve success with fraudulent transactions, says NuData Security's Justin Fox.
September 3NuData Security, a Mastercard company. -
Institutions that don't fully provide information on how they provide access to deposited funds could be putting their members and the credit union at risk.
September 3Oak Tree Business Systems, Inc. -
An agency with a mission to protect consumers deserves to have a role in approving M&A deals.
September 3