Capital One deal for Discover wins approval from US regulators
Capital One Financial Corp. received approval from US regulators to buy Discover Financial Services, a deal that creates the nation’s ...
Tag: Federal Reserve
TCH daily payments value double to $2.5B in 6 weeks
LAS VEGAS — The Clearing House’s daily payment value has doubled since the payment network increased its payment limit from ...
B2B payments to drive RTP growth for The Clearing House
Higher transaction limits could spur more B2B payment activity on The Clearing House’s real-time payments network. The Clearing House’s RTP ...
ISO 20022 migration pushed back to July 14
The Federal Reserve has rescheduled the Fedwire Funds Service’s adoption of the ISO 20022 message format to July 14, 2025. It ...
99.6% of instant payments processed on RTP network in 2024
The Clearing House’s Real Time Payments network captured the instant payments market over the Federal Reserve’s FedNow rail in 2024. ...
Barr’s exit as Fed’s top bank cop puts capital rules in doubt
Federal Reserve Vice Chair for Supervision Michael Barr plans to step down from the role, bypassing a potential battle with ...
Capital One, FIBT and Truist tap personalization for deposit retention
Banks are leaning on technology to provide personalized services to retain consumer deposits as the Federal Reserve shifts to lowering ...
Small FIs onboard FedNow for growth, efficiency
As real-time payments become integral to growth strategies, small financial institutions are increasingly signing on with instant payment rail FedNow ...
FedNow could soon expedite FEMA payments for hurricane survivors
Survivors of future natural disasters like last week’s devastating Hurricane Helene, could soon be able to receive Federal Emergency Management ...
Real-time data drives consumer decisions post rate cut
Financial institutions are looking to real-time, data-driven insights to suggest actions clients can take to benefit from last week’s interest ...
