Faster payments

Why Wells Fargo is jumping on the digital currency bandwagon

09/17/19

It's not a reaction to JPM Coin, the banks says, but a way to speed up international payments for corporate clients.

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New front opens in fight over Fed's real-time payments network

08/29/19

Community banks and tech companies that are happy the central bank is building a next-generation system are not as pleased with its four- to five-year timeline. But big banks see the slow rollout as an opportunity to expand their own instant payment network.

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Call for faster paychecks overlooks key facts

08/29/19

The Fed's development of a real-time payments systems has sparked a pointless debate about paper checks.

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MetaBank sees consumer demand for faster payments

08/27/19

A new study released by the prepaid issuer MetaBank finds that most consumers want businesses to use faster payment methods when sending them money for refunds, rebates and claim payments.

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Fed names leader for development of real-time payment system

08/15/19

Kenneth Montgomery, a top executive at the Federal Reserve Bank of Boston, will head the push to make faster payments available across the industry in the next four to five years.

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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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6 banking questions for the next Democratic debate

08/11/19

From housing finance to Facebook’s crypto plans, moderators questioning the presidential candidates in Texas next month would have no shortage of financial policy topics from which to pick.

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'The whole situation is frustrating': Comments of the week

08/08/19

Readers react to the Fed's lengthy plan for a real-time payments system and Fifth Third's minimum wage increase, jab at Sen. Warren's absence on the Senate Banking Committee and more.

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Is Fed vote on real-time payments a sign of a wider split?

08/07/19

Vice Chairman Randal Quarles’ public dissent raises questions about how the board will proceed on other policy debates.

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The Fed's real-time payments system; Sen. Wyden wants answers from Amazon

08/06/19

The payments system, called FedNow, would go head-to-head against one built by big banks; the senator from Oregon wants Amazon to address vulnerabilities in its cloud data storage.

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