Digital payments

IG to Treasury: Don't whitewash lapses in Comerica benefits program

08/22/19

An inspector general’s findings suggest that the Texas bank could face more consequences over how it handled fraud cases last year tied to the Direct Express program.

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Digit savings app drops fee for instant overdraft protection

08/13/19

The San Francisco-based fintech is using JPMorgan Chase’s real-time payments service to power the updated overdraft prevention tool.

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Venmo adds Instant Transfer link to bank accounts

08/12/19

As the competition mounts to increase adoption rates for person-to-person payment apps, PayPal's Venmo is adding a way for users to quickly move money from the app to their bank account.

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Apple Card fortifies the digital model, and that's trouble for banks

08/09/19

Apple's massive user base, fully digital enrollment system, merchant reach and partnership with Goldman Sachs threaten retail banks on multiple fronts.

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Walmart crypto coin patent could be a back door to banking

08/02/19

Walmart has filed a patent application for a digital currency that, like Facebook's Libra, would be a stablecoin backed by traditional currencies. And it envisions a very specific use case where its coin could stand in for cash — or even for a bank account.

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Why we’re joining the big banks’ payments system

07/31/19

Community banks shouldn’t wait for the Fed to create a new real-time payments rail when consumers are already flocking to other options.

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Digital Banking Demo Sessions 2019

07/26/19

Top technology innovations in digitla banking you need to see

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'Stop sugar coating the reverse mortgage': Comments of the Week

07/25/19

Readers react to BofA defending reverse mortgage borrowers, support the Federal Reserve creating a real-time payments system, advocate for consolidating federal bank agencies and more.

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Fed must remain lead player in real-time payments

07/24/19

If the Federal Reserve doesn't maintain an active role, Wall Street megabanks could take over the payments system.

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Deutsche mulling ‘radical’ job cuts; Central bank digital currency efforts

07/01/19

The bank is considering eliminating as many as 20,000 jobs; BIS doesn’t want central banks to fall behind private cybercurrency efforts.

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