Real-time payments, known for their speed and immediacy, have faced adoption hurdles primarily due to perceptions about security. As financial institutions (FIs) and payments providers...
The joint statement and requests for information issued by several agencies late last month on “potential risks” inherent in bank/FinTech relationships spotlight regulators’ concerns on...
Publicly traded companies are marked to market each and every day. And when quarterly results roll in, investors parse the data, the top line and...
As the financial landscape continues to evolve, traditional banks face an increasing challenge from digital-native FinTechs. The recent surge in buy now, pay later (BNPL)...
Blend and Astra have partnered to enable financial institutions to add card funding to their deposit accounts. With this collaboration, financial institutions that use Blend’s platform for...
Financial software provider CSI has debuted a developer portal for community banks. “In addition to a growing list of integrated fintechs and integrators, CSI community...
Three federal bank regulatory agencies said Thursday (July 25) that they are considering “additional steps” to ensure banks effectively manage risks associated with bank-FinTech arrangements....
A year after its launch, the FedNow® Service, the instant payment service introduced by the U.S. central bank last July 20, has seen 900 banks sign...
It’s earnings season for America’s biggest financial services companies and institutions. So far, the common theme has been a softening of consumer credit and mixed...