payments

Visa’s Plaid deal shows you can teach an old dog new tricks

01/16/20

The acquisition will vastly expand Visa's platform, giving it nearly Amazon-like influence.

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Open banking’s three biggest pitfalls

01/13/20

Financial institutions need to be aware of the platform model, strategic and reputational hazards that come with granting access to their networks.

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10 fintech forecasts for the ‘20s

01/10/20

A seasoned investor in startups offers his top predictions for the coming decade. Among them: Big tech firms will become big players in financial services.

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Fed payment system experiences second disruption of 2019

12/19/19

The Federal Reserve is investigating what may have caused delays in the processing of ACH transactions that began late Wednesday and continued into Thursday morning.

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OCC, FDIC propose CRA overhaul; PayPal sues CFPB over prepaid rule

12/13/19

The plan would increase lending and transparency, the regulators say; the company says the rule unfairly lumps together digital wallets and prepaid cards.

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When open banking and data privacy collide

12/11/19

Banks are increasingly sharing data and must brace for new regulations protecting that data.

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‘Fintech as a service’ provider Rapyd becomes Durable Capital’s first investment

12/03/19

Former T. Rowe Price portfolio manager Henry Ellenbogen is making Rapyd his first bet.

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Wells Fargo's Modjtabai to exit as Scharf shapes leadership

11/21/19

Avid Modjtabai, who runs Wells Fargo's payments and technology innovation unit, is leaving the firm as new Chief Executive Officer Charlie Scharf continues to shake up top management.

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Brainard has eye on imbalances; Discount window forsaken

11/21/19

Fed governor again calls for using the countercyclical buffer at banks; bank borrowing from Fed on pace for lowest total ever.

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Goldman may change its focus; Credit Suisse revamps investment bank team

11/12/19

Goldman may abandon its revenue goal; in an attempt to boost revenue, Credit Suisse picks new leaders for its investment banking and capital markets unit.

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