It’s a funny paradox. The Federal Reserve Bank’s launch of FedNow in July 2023 promised that consumers and businesses would be able to pay for groceries, pay their suppliers, and pay each other ...

An overdrawn bank account can do a lot more damage than you'd expect, especially over time. Khanchit Khirisutchalual/ . For ...

Preventing fraud and scams can be a case of whack a mole for banks and payments companies as bad actors deploy new technologies to fool consumers and employees. But there are steps financial ...

Landing a coveted merchant account is a top goal for many banks and payment technology firms, but banks may be at a disadvantage. It can cost up to 2.3 times more, on average $496, for a financial ...

Here’s why this efficient payment method is steadily overcoming doubts to establish itself as a safe, efficient—and fast—alternative to cards. From instant-payment processing times to real-time ...

Payments banks are driving financial inclusion for 250 million users by leveraging local agents as they are trusted to ...

Major banks are considering issuing their own stablecoins or tokenized deposits. Visa and Mastercard are integrating stablecoins with traditional payments. The Genius Act regulates stablecoin reserves ...

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