Digital payments

Fiserv-First Data: Why small banks fear big fintech


The large core banking software vendors are already criticized as large and slow-moving. Consolidations like these are only likely to make them more so.


Fiserv, First Data and the staggering fintech threat


The numbers behind Fiserv's deal to acquire First Data are huge, particularly considering each company's existing tonnage still makes consolidation the best play when faced with nimble fintechs and mobile startups.


Joust launches a digital bank for gig-economy workers


Its mobile banking app comes with bank accounts, merchant accounts, and instant credit on invoices. Behind it is a network of community banks that will gather the deposits the app brings in.


Warren: Comerica fraud shows need for security fix in prepaid program


The senator wants Treasury to enhance fraud protection in the Direct Express prepaid program — now a partnership with Comerica Bank — when its contract is rebid in 2020.


Could Ripple's XRP replace correspondent banks? This bank says yes


Despite controversy surrounding Ripple’s digital token, one bank is pushing forward to use it in cross-border payments.


10 ways technology will change banking in 2019


The coming year will bring a wave of data-sharing deals between banks and fintechs, increased bank use of automated advice, marked changes to financial jobs as a result of automation, and much more.


Citi deploys AI to detect real-time fraud, errors in payments


The software, which was developed by Feedzai, will eventually block payments that appear to be fraudulent or mistaken.


Square to make another bid for bank charter


The payments processor was among numerous firms earlier this year to withdraw an ILC charter application over questions about its plan.


Why Ohio is gung-ho for cryptocurrency and blockchain


Many banks and government officials are dubious about crypto, but Ohio Treasurer Josh Mandel lets businesses pay their taxes with it and has put all the state government’s expenses on a public ledger.


One fintech’s plan to free consumers from credit card debt 


Jason Brown explains why his company, Tally, helps consumers by paying their monthly balances, providing advice and offering a lower-rate credit line.