U.S. Bank invests in digital payments in Q3
U.S. Bank invested in digital capabilities within its payments business during the third quarter of 2023 as it shifted toward...
Payments
Inside look: American Express’ tech stack
American Express’ recent technology investments include product development and tech stack enhancements. In the second quarter of 2023, the financial...
On the job with … Citi TTS global head of instant payments director
Citigroup’s Treasury and Trade Solutions business is looking to hire someone to lead its global instant payments strategy amid the...
Transactions: Lloyds Bank taps Visa for virtual card solutions
Lloyds Bank has selected payments behemoth Visa to provide a virtual card offering to its business customers. Visa Commercial Pay...
Fed looks to fintechs to drive FedNow adoption
The Federal Reserve is looking to fintechs to drive the adoption of FedNow across financial institutions. With FedNow aiming to...
Payments status updates comprise 80% of Citi queries
TORONTO — Eighty percent of queries across Citigroup’s 96-country network — which includes more than 200 million clients — are...
Transactions: NatWest modernizes payments with Icon Payments Framework
NatWest has selected fintech Icon Payments Framework to modernize its payments capabilities. Icon Payments Framework (IPF) is a low-code,...
4 ways tech expected to enhance cross-border payments
The cross-border payments industry is expected to hit $250 trillion by 2027, up from $150 trillion a decade before in...
Bank of America launches B2C solution in Canada
Bank of America introduced its business-to-consumer payments solution in Canada as it continues to look for consistent digital solutions that...
Adyen gets UK banking license after temporary approval
Adyen NV has won approval for a UK banking license, replacing its temporary post-Brexit permission to offer embedded finance and...
