Digital payments

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


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.


Digit savings app drops fee for instant overdraft protection


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


Venmo adds Instant Transfer link to bank accounts


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.


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


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


Walmart crypto coin patent could be a back door to banking


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.


Why we’re joining the big banks’ payments system


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


Digital Banking Demo Sessions 2019


Top technology innovations in digitla banking you need to see


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


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.


Fed must remain lead player in real-time payments


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


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


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