Despite its potential to transform the financial services sector, the rollout of the open banking scheme in the U.K. to provide secure, third-party access to...
Wells Fargo Advisors agreed to pay $7 million to settle federal Securities and Exchange Commission (SEC) charges that the firm failed to report at least...
It was a big week for embedded payments innovations, with a developer in the space achieving unicorn status, banks identifying them as urgent priority in...
Payments modernization remains the order of the day in 2022 as companies of all sizes decide how to proceed with implementing solutions to reduce friction...
The Federal Reserve Board on Thursday (May 19) finalized a rule that governs funds transfer over the Federal Reserve Bank’s FedNow services. The final rule...
President Joe Biden’s second nomination for the Federal Reserve’s vice chairman of banking supervision, Michael Barr, has faced some questions from the opposition, Reuters wrote...
Global card issuing platform Marqeta on Thursday (May 19) partnered with technology-focused bank Evolve Bank & Trust in a move that improves the company’s Banking-as-a-Service...
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