A key piece of U.S. law passed in 2025, called the GENIUS Act, creates a basic framework for how certain digital payment ...
Executives surveyed by American Banker said companies vying to wrestle market share from banks are a major threat to ...
It’s a funny paradox. The Federal Reserve Bank’s launch of FedNow in July 2023 promised that consumers and businesses would be able to pay for groceries, pay their suppliers, and pay each other ...
Landing a coveted merchant account is a top goal for many banks and payment technology firms, but banks may be at a disadvantage. It can cost up to 2.3 times more, on average $496, for a financial ...
The bank technology seller closed the sale of its payment processor to Global Payments, which sold its card issuing unit to ...
Here’s why this efficient payment method is steadily overcoming doubts to establish itself as a safe, efficient—and fast—alternative to cards. From instant-payment processing times to real-time ...
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