Category: Channels

April 21, 2022

U.S. Bank today announced a real-time payment collaboration with Apex Fintech Solutions (“Apex”) to provide greater speed and security to money movement between individual investors and broker dealers. Through its subsidiary Apex Clearing Corporation, Apex provides clearing and custody services […]

April 20, 2022

Whether you’re an investor expanding your portfolio to include digital assets such as cryptocurrencies and tokens, a business that uses cryptocurrencies to engage in everyday transactions, or a crypto “miner,” you need to keep in mind the tax implications of […]

April 12, 2022

Up to one out of every 50 ACH transfers fail, an issue that Mastercard contends can be addressed through a mix of new data-sharing techniques and machine learning. “With ACH payments there’s a latency in how they are processed; it […]

April 4, 2022

U.S. Bank is piloting a new real-time payments application, teaming with car sales company Lithia Motors to offer a speedier way for consumers to sell their used cars from the driveway of their homes, the companies said in a press […]

March 25, 2022

There are many businesses utilizing crypto and DeFi solutions to pay their employees and manage their bills while moving away from traditional exchange systems offered by banks (TradFi). Today, however, we’re looking at the risks involved in these payment solutions […]

March 23, 2022

U.S. Bank and Driveway have collaborated to pay car sellers immediately with real-time payments, making Driveway the first online car dealership to pay customers over the RTP® network. Customers selling a car on Driveway.com can now have the payment deposited […]

March 22, 2022

The over-the-counter crypto trade represents a step in the direction of institutional adoption for digital assets. Major banks are leery of the risk associated with becoming a principal in OTC crypto trades, preferring to transact exchange-based products. “We are pleased […]

February 23, 2022

National digital currencies are gaining momentum. In November 2021, the nine largest banks in Japan announced that they will issue a digital yen this year. Nine countries have already issued central bank digital currencies and 14, including China, have pilots […]

February 21, 2022

Open banking empowers individuals to benefit from their financial data through a simple, secure connection they permission from their banks to their favorite financial app. Fintech services powered by open banking data are gaining adoption across the banking and financial […]

February 14, 2022

Following a number of rollouts and innovations, 2022 could finally be the year where the speed of digital payments equals their convenience. A number of developments, combined with the coronavirus pandemic and changing consumer habits, could hasten changes to the […]

February 1, 2022

Recently, Wells Fargo, a leading financial services company, partnered with HSBC bank, one of the largest banking and financial services organizations, to benefit from its blockchain-based tools to settle foreign exchange transactions. After this agreement, Wells Fargo and HSBC Bank […]

January 20, 2022

Entris Banking acts as a transaction bank and payment hub to more than 40 small and mid-sized banks in Switzerland. Entris Banking CEO Juerg Gutzwiller says that Bottomline’s modular technology, support and international payment expertise will future-proof Entris as a […]

January 19, 2022

While in some parts of the world banks and clients form long-term relationships which persist even over generations, there are still a lot of people out there fitting under the qualificatives of “unbanked”, “underbanked”, and “underserved”. Financial exclusion doesn’t affect […]

January 14, 2022

Developed by Worldline, IP CSM fully complies with international standards and ISO 20022, the developer says. As a result of this collaborative initiative, all interbank payments in and between Curaçao and Sint Maarten and in Bonaire will now be processed […]

January 3, 2022

During the pandemic—when brick-and-mortars shut their doors and consumers flocked to the internet and their mobile devices for basic services—the digitisation of commerce and specifically the payments industry went into overdrive, making a half-decade of progress in a year’s time. […]

December 27, 2021

Business owners know that data entry errors can lead to a lot of wasted time and money. But they also may not realize the extent to which those errors could be avoided by taking small precautions. For example, if you’re […]

December 23, 2021

The round was led by Spark Capital and saw participation from Unbound and previous leads Reid Hoffman and Canaan Partners, along with Slow Ventures, Breyer Capital, Wamda Capital, Flourish Ventures, and additional investors from the Middle East, Africa, Asia, and […]

December 8, 2021

The Consumer Financial Protection Bureau (CFPB) needs to protect consumers from big technology companies eager to make inroads in the payments processing business, according to comments filed this week with the agency by two bank industry trade groups. The American […]

November 30, 2021

The pandemic has sped up today’s digital landscape as more people complete everyday tasks online. For that reason, companies must understand the importance of digital accessibility. A lack of website accessibility can cause major problems for many that often go […]

November 24, 2021

What actually happens when you tap your credit card on to a machine when making a purchase? This digital transfer of value, technically labeled an EMV payment, may work but doesn’t it feel outdated? The World of EMV Payments and […]