Technology

The central bank originally predicted FedNow's launch within five years, but the Fed chairman told House lawmakers that he expects it will happen sooner.

Google doesn’t want to be a bank, but its move to offer checking accounts through Citi and a Silicon Valley credit union is a digital wallet architecture shift that will have far-reaching implications for technology-backed payment companies.

China dominates the business. Facebook's proposed cryptocurrency could help alter the balance of power.

Coinbase Card has expanded its cryptocurrency exchange payment cards into 10 new countries and added five new crypto assets that users can spend.

Consumer demand for digital financial services will inspire a wave of new partnerships.

The tech giant’s plan to offer checking raises concerns about how it will use customer data; third quarter loan originations were the second most on record.

For decades card networks and issuers outside of China have tried to enter the giant Chinese consumer payments markets, but mostly have run into walls because of shifting regulations.

Payroll processing provides the same kinds of efficiencies that can streamline procure-to-pay systems, says Nvoicepay's Jim Wright.

The State Bank Group and The Provident Bank are backing Neocova, which focuses on community banks.

Questions about the search giant's planned use of transactional data resonate not only with wary consumers, but also with banks that are worried about big tech’s financial services ambitions, as well as lawmakers and regulators concerned about the tech industry’s growing reach.