Fed's Powell gives boost to banks in real-time payments race
The Federal Reserve Board governor sketched out a future in which U.S. banks remain at the center of commercial transactions. ... Read full article
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The anti-Venmo? Banks' p-to-p payment product eschews social ‘sharing’
When Zelle launches, it will not allow users to share information about their payments with other folks in their network. That decision puts the P-to-P service on a different course than Venmo, its fast-growing rival. ... Read full article
Will real-time payments become real in 2017?
Several groups are developing real-time payments systems for the U.S., and most everyone agrees success is inevitable, but how quickly they can make enough progress to satisfy consumers is a point of contention. ... Read full article