Faster payments

Are global regulators gunning for big tech?

04/02/19

Randal Quarles, a senior Fed official and chair of the Financial Stability Board, sparked debate with a speech about the risks and rewards of companies like Amazon, Facebook and Apple entering the financial system.

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Peace offering made to small financial institutions on fast payments

03/29/19

The Clearing House announced moves to attract community banks and credit unions to its real-time payments system. Smaller depositories have generally been reluctant to sign up with what is seen as a large-bank effort.

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Fed pumps the brakes on Nacha plan for faster Same-Day ACH

03/13/19

After more than two years of successful operation in delivering Same-Day ACH payments, Nacha's request to add a third processing window has been denied by the Federal Reserve, which says it has to obtain public comment on the concept.

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'Why does a check take as long to clear today as it did in 1982?'

03/05/19

The slow U.S. adoption of real-time payments hurts half of Americans who live paycheck to paycheck, says Aaron Klein, a fellow at the Brookings Institution.

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Capital levels are just right, Powell tells House members

02/27/19

Addressing lawmakers for the second straight day, the Fed chairman defended his agency’s refinements to the post-crisis regime.

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5 things JPM Coin will do for banking and blockchain

02/15/19

JPMorgan's blockchain effort could lead to solutions that overcome industry skepticism and regulatory concerns and perhaps attract more mainstream retail interest.

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BB&T-SunTrust, GSE reform's QM problem, Swift's Ripple response: Top stories of the week

02/08/19

Wide coverage of the mega-deal between BB&T and SunTrust; GSE reform, CFPB underwriting rule are on collision course; Swift showing more swagger in its rivalry with Ripple; and more from this week's most-read stories.

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Is this Swift's answer to Ripple?

02/06/19

Swift is showing more swagger in its rivalry with Ripple thanks to progress it has made with a multifaceted payments-tracking technology called GPI.

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

12/21/18

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

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How regulators besides the OCC can help fintechs

12/17/18

The Office of the Comptroller of the Currency has gotten the ball rolling for financial technology firms trying to operate a national platform, but the FDIC and Federal Reserve should act to remove other policy roadblocks.

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