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Currency fluctuations and government policies in countries such as Venezuela are boosting the virtual currency market and putting traditional players on notice, writes Sergey Ponomarev, CEO of SONM.
June 13
SONM -
Due in part to the U.S.'s lackluster adoption of contactless cards, mobile wallets had a slow and difficult time gaining hold among consumers and merchants that were unfamiliar with the tap-and-pay process or didn't have the right technology. The opposite problem plagues Canada, where contactless cards are so widely used that mobile adds little value.
June 13 -
The world needs faster and cheaper international payments, but more than that it needs censorship-resistant ways to transact.
June 12
American Banker -
The Treasury Department published its first report on regulatory reform, offering some familiar industry asks alongside some surprising positions.
June 12 -
Too many consumers don't fully understand how the apps work and don’t trust that their data is secure, a new J.D. Power study shows.
June 12 -
The financial institution-owned person-to-person network formally went live Monday, enabling direct transfer of funds across 30 U.S. FIs. There are a lot of questions around whether it can compete with the current kings of P-to-P — Venmo and PayPal — but Zelle may not be aiming to take them head-on just yet.
June 12 -
An alliance between State Department FCU and American Citizens Abroad seeks to lower barriers for how Americans living abroad access their money.
June 12 -
The city has spent more than a decade working with nonprofits and banks to encourage people to open deposit accounts. Outreach and special products have lowered the unbanked rate in San Francisco to 2.1% in 2015 from 5.9% in 2011.
June 12 -
A year after announcing plans to collaborate with U.K.-based Featurespace to develop fraud-fighting tools with artificial intelligence and machine learning, Total System Services (TSYS) has rolled out a new offering that aims to predict new and unknown fraud types, while cutting back on “false positive" fraud warnings.
June 12 -
On March 31, 2017. Dollars in thousands
June 12








