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By 2023, the Federal Reserve expects to launch a service that would allow businesses and consumers to complete payments in real time. But a digital currency it's now studying could have similar benefits — while potentially removing the need for bank intermediaries.
June 15
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The company's Drop-In Components allow developers to verify important data without extensive coding.
June 15 -
Southern Bancorp's CEO said money from Square would help his bank continue serving underserved communities.
June 10
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Companies like Cloudbeds, Uplift and Guesty offer technology that streamlines payment processing for suddenly busier hotels and offers new financing options for people eager to hit the road.
June 10
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The company's payment processing platform supports the likes of Uber and Square in their ambitions to create all-in-one offerings that bundle financial and other services.
June 9
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The deal for the Salt Lake City-based home improvement lender, which Home Depot tried to acquire more than a decade ago, is part of a larger effort by Regions Financial to diversify its home lending business.
June 8
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Billers have long had the edge in handling users' bill payments. Fiserv says it can change that through faster transactions, but it faces fresh competition from fintechs.
June 4
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Allied Payment Network is linking to the digital banking platform of Tyfone for community banks and small businesses.
June 2 -
The central bank said the proposed measure governing transactions on FedNow — a real-time service expected to be available in 2023 — would be similar to the framework for the current Fedwire Funds Service.
June 1
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American banks and their clients now see a business case for ISO 20022 as they expand cross-border and real-time transactions.
May 28
