An advocacy group, Financial Innovation Now (FIN), submitted a public comment letter to the Fed in response to its proposal to create and operate a real-time payments system in the U.S.
Additional Articles
Consumer Credit Card Debt Climbs Slowly, but Steadily; Risk Varies between Top and Small Issuers
It is likely a good time to trim back some growth, or at least tighten standards beyond the realm of top credit card issuers.
AI Enters The FI Fast Lane
In a new PYMNTS interview, CEO of Brighterion (a Mastercard company), spoke with Karen Webster about moving artificial intelligence into the fast lane.
A Marketplace For Stolen Fingerprints Has Emerged
Dubbed Genesis, the marketplace emerged in the fall of last year when the creators started advertising it on forums where hackers sell payment card details they’ve stolen.
Defending against Cyberattacks in 2019
It’s more important than ever before not only practice better security awareness but also put it into action by adopting and implementing improved policies and tools.
Instagram Checkout tests power of social media for mobile commerce
The Instagram Checkout strategy will likely quickly evolve and transform the consumer journey and drive the impetus for retailers to deliver better customer experiences.
2019: The Year Financial Institutions Reclaim Payments
Institutions must be committed to innovation.
Do You Know Your Digital Customer? Addressing the Anti-Money Laundering and Bank Secrecy Act Implications for P2P Payments
Maintaining high compliance standards is not only important to avoid fines and penalties, but also to maintain an organization’s reputational security.
How 5G will shape your future
The financial services industry continues to evolve and 5G, or 5th generation, wireless communication technology is poised to help jumpstart another wave of digital innovation.
982M Email Accounts Leaked From Online Database
Close to 1 billion email accounts were leaked by a marketing company in what some researchers are calling the “biggest and most comprehensive email database” breach ever.
Apple Card: 7 key takeaways
Apple's new credit card isn't just another virtual card in its virtual wallet. It borrows a lot of features from the most successful brands in payments and technology.
The New Normal of Payments: Customer Experience and Industry Regulation
With increased choice also comes higher expectations of service and customer experience.
Square Debuts Invoices App For SMBs
Square has released a new app called Square Invoices to help businesses design, manage and send invoices from anywhere.
Mastercard On Enabling Apple’s ‘Digital First’ Credit Card
Does the Apple Card signal the age of the ‘digital first’ and…eventually….’digital only’ credit card?
Why Technology Isn’t Bank Transformation’s Silver Bullet
Is there a right way and wrong way to innovate?
Chase Launches Low-Cost Accounts To Win Unbanked Consumers
As the Chase launch and the Bank of America account elimination show, we can bet on more work and experimentation regarding that consumer segment in the years to come.
Making P2P Payments Fraud-Free
The new Digital Fraud Tracker™ highlights the latest developments in payments fraud and how different companies are working to keep funds safe.
TD Bank's Annual Consumer Spending Index Reveals Credit Knowledge Gap Exists Among Millennials
As the generation least likely to carry cash, according to the survey, this begs the question of whether millennials are armed with the proper tools to be…
Fed Forces Delay Of New Same Day ACH Processing Window
NACHA said a third processing window for same-day transactions will be postponed for six months until the Fed Board approves the initiative.
Federal protections for data use, security are urgently needed