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In immediate, unrestricted availability of funds, the only true providers are those networks operated by banks or other financial institutions, writes Jack Baldwin, CEO of Baldwin Hackett & Meeks.
July 17BHMI -
Community bank executives, payments officials and others said Libra faces an uphill battle amid heavy competition and regulatory scrutiny.
June 20 -
Some of the biggest industry moves in May and early June were not executive promotions, but rather departures.
June 12 -
On-demand wage delivery has caught on in other industries. Banks have taken notice.
June 5 -
Albert Ko, who had been the chief transformation officer of Intuit, says he will work to improve Zelle's interface to make it more appealing to consumers.
May 30 -
Venmo has more than 40 million active users, PayPal has revealed for the first time. This finally gives the market a sense of how popular Venmo is, and sheds a little light on how it compares to the bank-run Zelle service.
April 24 -
The largest U.S. banks got a head start in launching Zelle through their mobile apps about 18 months ago, working closely with Zelle’s owner Early Warning Services LLC. It’s taking longer for smaller institutions to get up and running, due to some technical complexity.
April 10 -
Banks of all sizes need to stick together to ward off threats from "unregulated" fintechs and other nonbanks, Bank of America Chairman and CEO Brian Moynihan said Tuesday.
April 2 -
The market for P2P payments is finally taking off after years of false starts, but there are still many unanswered questions. The biggest one: How do banks get value out of offering this service free of charge?
March 22 -
The market for P2P payments is finally taking off after years of false starts, but there are still many unanswered questions. The biggest one: How do banks get value out of offering this service free of charge?
March 22