Payments

There are lots of reasons for companies to have multiple payment accounts, though reconciliation can be a pain. But there are ways the cloud can mitigate the headaches, says Nvoicepay's Mike Fortmann.

The Fed's development of a real-time payments systems has sparked a pointless debate about paper checks.

Young people prefer transfer apps, but privacy and authentication will need to be improved, says Sonarax's Benny Saban.

Seven European mobile payment firms have formed a cross-border transaction association covering an addressable market covering 25 million users and 350 banks.

Institutions that don't fully provide information on how they provide access to deposited funds could be putting their members and the credit union at risk.

PNC has gone live on RippleNet, giving the blockchain company a major win in its effort to build a real-time cross-border payments network that includes large U.S. banks.

It took a few years for mobile wallets to get past the aura of just a "cool technology" looking for a problem to solve, but Google Pay and its peers are clearly finding their niche as a way to embed payments with customer engagement tools.

The Fed's development of a real-time payments systems has sparked a pointless debate about paper checks.

The CFPB ordered Texas money transmitter Maxi to pay a $500,000 fine for allegedly deceiving consumers by saying the company is not responsible for errors made by agents.

The Clearing House has been quite clear that it did not think the Federal Reserve's FedNow real-time settlement service would be necessary. But some of its executives are rethinking that stance.