Zelle

Senators press Fed's Powell on real-time payments

07/22/19

A group of senators on the Banking Committee sent a letter to the central bank chairman grilling him on the agency's efforts to develop a real-time payments system.

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‘Another one?’ Bankers react to Facebook’s digital currency

06/20/19

Community bank executives, payments officials and others said Libra faces an uphill battle amid heavy competition and regulatory scrutiny.

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Fifth Third, Discover, BMO Financial: Bankers on the move

06/12/19

Some of the biggest industry moves in May and early June were not executive promotions, but rather departures.

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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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Zelle operator Early Warning hires new CEO

05/30/19

Albert Ko, who had been the chief transformation officer of Intuit, says he will work to improve Zelle's interface to make it more appealing to consumers.

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'There is no division in our industry': BofA's Moynihan

04/02/19

Banks of all sizes need to stick together to ward off threats from "unregulated" fintechs and other nonbanks, Bank of America Chairman and CEO Brian Moynihan said Tuesday.

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How much does P2P drive engagement for banks?

03/22/19

The market for P2P payments is finally taking off after years of false starts, but there are still many unanswered questions. The biggest one: How do banks get value out of offering this service free of charge?

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Tragedy in Florida, mortgage data breach, steel-cage match for deposits: Top stories of the week

01/25/19

A man entered a SunTrust branch in Sebring, Fla., and shot and killed five women, four of whom were bank employees; 24 million mortgage documents exposed in data security lapse; the battle for deposits is like 'a steel-cage' match; and more from this week's most-read stories.

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Zelle's volume surges, but there's a catch

01/24/19

The bank-led P2P network Zelle saw its strongest quarterly growth during the fourth quarter of 2018, as payment volume rose nearly 60 percent to $119 billion for the year. But a significant amount of this volume comes from just one bank.

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Is fear of fraud holding back faster payments?

11/28/18

Proponents of real-time payments systems say banks must embrace them given consumer demand for more immediacy and transparency, even if criminals will try to exploit them.

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