Faster payments

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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Crypto holds public promise and potential for danger: Senators

07/30/19

Two weeks after lawmakers grilled a Facebook exec over Libra, they acknowledged benefits from digital currency technology while warning of the risks.

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Truist clears hurdle, new Santander CEO, fintechs' retirement fix: Top stories of the week

07/26/19

House lawmakers go light on BB&T-SunTrust merger; Santander Bank names longtime MUFG Union executive its CEO; the fintechs trying to solve America's retirement problem; and more from this week's most-read stories.

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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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What the big banks left out when they slammed Fed over real-time payments

07/24/19

The CEO of a big-bank lobbying group recently said that the central bank may be on the verge of pulling a bait and switch on faster payments. But his comments glossed over a lot of the relevant history.

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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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Democrats try to force Fed's hand on faster payments

07/24/19

Lawmakers including presidential hopeful Elizabeth Warren have introduced a bill that would put the Federal Reserve in charge of creating its own real-time payments network.

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Inside Citi's plan to combat business payments fraud with AI

07/15/19

The bank is taking a concept that has worked for years in the credit card world — artificial-intelligence-based fraud detection — and applying it to corporate customers' transactions.

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Will banks take 'self-driving' payroll for a spin?

06/05/19

On-demand wage delivery has caught on in other industries. Banks have taken notice.

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Fed official hits back at criticism of central bank’s payments role

06/03/19

Competition from the public sector in payment services has benefited the public and should not be discounted in the development of a real-time system, said Kansas City Fed chief Esther George.

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