U.S. Bank’s investment in payments tech drives growth
U.S. Bank’s investment in payments technology contributed to growth and higher payments revenue in the first quarter. "We are maintaining...
Payments
JPMorgan Chase invests in wholesale payments tech
JPMorgan Chase is investing in innovation and technology within its wholesale payments operations amid rising demand for global payments capabilities. ...
76% of EU banks to up tech spend to comply with new regulation
European banks are preparing their tech stacks to comply with Instant Payment Regulation, which were set in motion on April...
FedNow service providers onboard with cloud
Certified service providers of the Federal Reserve’s FedNow network are looking to the cloud to streamline client onboarding and drive...
Bankman-Fried is sentenced to 25 years in prison over FTX collapse
FTX co-founder Sam Bankman-Fried was sentenced to 25 years in prison for stealing billions of dollars from customers, marking the...
Visa adds new AI tools to help fight digital fraud on payments
Visa Inc. is adding three new AI-powered fraud-prevention tools to its suite of products for business clients as the credit-card...
FedNow overtakes TCH in adoption
FedNow, launched just eight months ago, has overtaken its main competitor, The Clearing House’s Real-Time Payments network, in terms of...
Fintech Funding: Tough 2023 attributed to ‘cautious’ VCs, high interest rates
Fintech valuations and funding rounds had a tough year in 2023 as high interest rates pushed investors into capital conservation...
Grasshopper CEO previews faster check clearance
Digital Grasshopper Bank will roll out an improved check-clearing process this year to streamline the time between depositing a check...
On the job with … Director of Innovation Management at Mastercard Foundry
Mastercard Foundry, the innovation hub for product development at the card giant, is creating a new technology-focused position, as it...
