August 2, 2017

Immediate payments is a key revenue driver for 66% of banks in markets with IP schemes, according to new benchmark data from processor ACI Worldwide and UK consultancy and Banking Technology’s sister company Ovum. Paybefore, Banking Technology’s sister publication, writes that the benchmark report, “2017 Global Payments […]

July 11, 2017

A California judge has granted a preliminary approval for Wells Fargo & Co.’s agreement to pay $142 million, and perhaps more, to customers whose credit scores were harmed by its employees creating fake accounts in their names, the bank said […]

June 26, 2017

Once universally dreaded by banks, the Federal Reserve’s annual stress tests are becoming less stressful. The nation’s largest banks breezed through the first phase of their annual tests on Thursday, demonstrating that they have enough capital to withstand the type […]