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Crypto technology will play a major role in the central bank's real-time payments system.
August 30Crypherium -
PNC has gone live on RippleNet, giving the blockchain company a major win in its effort to build a real-time cross-border payments network that includes large U.S. banks.
August 30 -
Brad Dinsmore, who will also serve as the California company's president, once was in charge of several key lines at SunTrust, including consumer banking and private wealth management.
August 30 -
The debate over the CFPB's plan to revamp its payday lending regulation should focus on the benefits for borrowers.
August 30 -
Farmers will pay $40 million for the bank, which is in an affluent area in northeast Ohio.
August 30 -
The information you need to start your day, from PaymentsSource and around the Web. Today: Paytm targets health care; Revolut collaborates for Amazon fire fundraise payments; Mobile money in Nigeria; PNC launches on RippleNet.
August 30 -
The proposal's aim is to ensure borrowers are treated fairly and would require companies, including CUSOs, to submit licensing applications.
August 30 -
Visa and Mastercard have both shortened the time windows for responding to dispute events, forcing issuers, acquirers, and their processors to align with new time window rules while adapting to changes in dispute lifecycles, says BHMI's Lynne Baldwin.
August 30BHMI -
As the U.K. rapidly transitions toward a cashless society — with U.K. Finance predicting that by 2028, just 9% of payments will be in cash — even pocket money is going digital. And the disappearance of tactile interaction with cash changes how kids learn about budgeting.
August 30 -
Readers react to jilted GSE legacy shareholders and a proposal making it harder to cite disparate impact, criticize Democrats asking the CFPB to stop its payday rule revamp and more.
August 29