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Josh Williams, chief banking officer for Seattle Bank, explains how changes in payments technology will affect smaller institutions.
June 8 -
The Federal Reserve governor addressed misconceptions about the forthcoming instant payment system after delivering remarks on financial innovation.
April 20 -
Scams and fraud on real-time payment platforms are well documented. To solve the problem regulators, lawmakers and the public must acknowledge the inherent risks that come with a powerful new technology and develop rules to make it safer.
November 8American Banker -
Federal Reserve Vice Chair Lael Brainard said Monday that the central bank's real-time payments network will go live between May and July of 2023 and financial institutions should prepare themselves right away.
August 29 -
David Marcus, Facebook's financial services chief, discusses how its Novi digital wallet and the Diem stablecoin project it's involved in can be the backbone of a platform that offers real-time digital transactions, acts as a merchant acquirer and helps commercial banks handle central bank digital currencies.
August 26 -
More than a dozen banks and credit unions in Canada are launching an instant business-to-business payments service. Here’s what U.S. banks and the Federal Reserve could learn from it.
August 24 -
The bank, which helped launch the real-time network for peer-to-peer payments, is trying to duplicate that success by helping corporate clients process certain transactions instantly with wholesale partners and, in some cases, retail customers.
August 20 -
Many customers in health care and other sectors remain resistant to new technologies. Here's how banks are trying to persuade them to adopt more efficient payments and back-office systems.
August 19 -
ICBA Bancard will help link community banks to instant payments through a partnership with real-time services hub provider Finzly.
July 12