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Rep. Denver Riggleman, R-Va., explains why he’s introduced legislation requiring greater transparency over the Federal Reserve’s incoming payment system.
October 2
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Banks need to understand that examiners' job is to call it like they see it.
October 2
Office of the Comptroller of the Currency -
Facebook calls an emergency meeting about its planned payments network; Well Fargo report says 200,000 jobs will be lost to robots and technology.
October 2
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Governments use varying methods for tracking the flow of money in and out of the country in order to deter fraud and money laundering, writes Nvoicepay's Alyssa Callahan.
October 2 Nvoicepay -
Julieann Thurlow says Reading Cooperative Bank in Massachusetts is well positioned to help immigrants and millennials. Technology is crucial to serving both groups, she says.
October 1
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Jelena McWilliams told community bankers that policymakers should be a resource for banks trying to adopt new technology.
October 1
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More community bankers now say that cost of funds, not regulatory expense, poses the biggest threat to profits, according to a new survey.
October 1
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By declaring that she has too much statutory power, the agency’s director has potentially opened a floodgate of litigation.
October 1
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There is no way to know exactly what the market will look like in 2023 or 2024 when FedNow debuts. First State Bank of St. Charles is working on a solution that can help its customers right away, says Luanne Cundiff, the Missouri bank's president and CEO.
October 1
First State Bank of St. Charles -
The GSEs will hold onto a combined $45 billion as they start the process of going private; PayPal becomes the first foreign firm to win approval to enter the country’s payments market.
October 1
