Financial messaging service SWIFT said this past week that it has fashioned a partnership with R3, a blockchain startup. The partnership will integrate the R3 platform into...
The New York Department of Financial Services (DFS) announced it has fined Standard Chartered $40 million for attempting to rig transactions in foreign exchange (FX) markets...
Call it a reunion of sorts, a gathering of banking execs not seen since the less-than-heady days of the financial crisis a decade ago. The...
Small FIs and major retailers say the Federal Reserve can pave the way to provide a ubiquitous, real-time payments (RTP) system. However, The Clearing House...
Regulatory oversight may have the impact of reducing some banks’ physical footprint abroad. To be specific, that may be the case in at least one...
The U.S. Commerce Secretary Wilbur Ross told CNBC in an interview on Thursday (Jan. 24) that furloughed federal employees should take out loans to pay...
It’s expected that more than 56 real-time payment rails will be live by 2020, and the U.S. is hoping to attain real-time payments ubiquity by...
SWIFT, a leader in secure financial messaging services, said that it facilitated an average of 31 million messages a day in 2018, an increase of...
“Can we all just agree that real-time access to money isn’t going to be an option anymore?” said Ingo Money CEO Drew Edwards. That’s how Friday’s...