Peru is working to link banks, fintechs and mobile wallet providers into an interoperable hub for instant payments using real-time technology provided by Mastercard.

As the digital transformation journey accelerates the need for more collaborative, agile and tailored solutions between banks and fintechs becomes essential, says MYHSM's John Cragg.

As it seeks to disrupt the social media model of capitalizing on user content and data, Canadian technology company Yuser is launching an app that will create and market ways to sell digital works online.

Incumbent banks’ market position is underpinned by strong consumer trust and massive scale, but these historic advantages can no longer be taken for granted, Simon Wilson of Icon Solutions writes.

Visa has expanded its push payments platform to enable businesses and their customers to make real-time domestic and cross-border payments.

The federal banking and credit union agencies want input about how financial institutions use artificial intelligence for credit underwriting and other purposes, and about whether additional regulatory guidance is needed.

Large U.S. banks are directing their venture capital dollars to fintechs in capital markets, wealth management and "future-proofing."

Like their counterparts in the U.K., U.S. regulators should be working closely with the private sector to establish principles and guardrails to direct and focus tech advancements in ways that will protect consumers and financial stability.

With this sudden and swift shift that is generating thousands more digital payment transactions per day than even just a few months ago, the opportunities for fraud are rising exponentially, says the FIDO Alliance's Andrew Shikiar.

Payments technology has advanced quickly in the past decade because newcomers in the industry have operated fully, or at least partially, in the cloud.

Credit unions were already transforming their home loan operations before COVID-19, but many of the adjustments made as a result of the outbreak are likely to become permanent.

Democrats have proposed a Congressional Review Act resolution to strike down the OCC rule, arguing it enables "rent-a-bank" schemes.

The challenger bank will apply some of the $40 million it raised from Truist, BofA and others to a microloan program aimed at Black and Hispanic groups. It also plans to offer a debit card through community development financial institutions and minority depository banks.

Fresh off the heels of a $180 million fundraiser in January, Citi Ventures-backed PPRO raised an additional $90 million in new investments in its latest equity round.

As accounts payable departments add robotics and other innovation, workflows and skill sets will adjust--but people won't disappear, says Nvoicepay's Lauren Ruef.

The country's banks and fintechs are still new to working together, giving Railsbank a chance to become a key player in open banking.

In a continuation of its Series D round to fuel its global expansion for cross-border payment solutions, Airwallex has raised $100 million in capital, valuing the fintech at $2.6 billion.

Keeping up with new retail trends shouldn’t come at the cost of keeping personal information safe, says Bluefin's Ruston Miles.

Brim Financial contends there's an innovation gap for installment lending that favors larger lenders.