Real-time payments

Why Citi, Wells, JPMorgan are seeing a spike in API calls

09/10/19

Hint: For their e-commerce clients, it's all about faster payments.

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Forced arbitration, JPM's contrarian move, M&A as recruiting tool: Top stories of the week

08/30/19

The case of a pastor wrongly-accused by Wells Fargo has mandatory arbitration back in the spotlight; JPMorgan started buying securities long before talk about rate cuts; more banks are turning to M&A to acquire talent; and more from this week's most-read stories.

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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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FedNow service and blockchain closely linked

08/26/19

Crypto technology will play a major role in the central bank's real-time payments system.

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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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Recession-proofing loan books, Trump DOJ goes easy on big banks, Fed's real-time payment: Top stories of the week

08/09/19

Anticipating recession, banks start scrubbing loan books; how Trump's political appointees thwarted tougher settlements with two big banks; the Fed's plans on its real-time payment service; and more from this week's most-read stories.

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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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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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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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