It’s a little harder for U.S. consumers to get credit as lenders retreat during the coronavirus crisis, The Wall Street Journal reported. The major reason is that banks can no longer easily determine who is creditworthy. “Banks are looking very carefully at their underwriting models...
Nacha-owned membership organization Afinis Interoperability Standards is teaming up with Findland-based XMLdation to automate application programming interface (API) standardization in the payments space, Nacha announced. The partnership will give Nacha investors the opportunity to capitalize on XMLdation’s testing capabilities using the Afinis developer portal. As...
Flash back a few years and everyone had one or maybe two connected devices. There were the smartphones we all had, with a heavy sprinkling of tablets and connected gaming consoles. One could count a computer, although desktops tend to lack portability. Today, the landscape...
The Federal Aviation Administration (FAA) is planning to enact new standards for unmanned drones, which could be the first step toward the eventual mainstream acceptance of deliveries via drones, according to reports. The proposal was disclosed on Monday (Feb. 3) in a Federal Register filing....
February 07, 2020
Flash back a few years and everyone had one or maybe two connected devices. There were the smartphones we all had, with a heavy sprinkling of tablets and connected gaming consoles. One could count a computer, although desktops tend to lack portability. Today, the landscape has changed. The phones, tablets, computers and consoles are still […]
July 02, 2019
Real-time payments (RTP) is a global initiative that’s been a decade in the making and counting, one that has gained momentum over the last several years. More than 50 countries...
December 14, 2017
Payments standardization is easy in concept, difficult in process in the age of mobile commerce. How to bridge the divides between payments firms, consumers and businesses? A few key tenets,...
June 05, 2024
The Consumer Financial Protection Bureau (CFPB) has taken another step in its push to accelerate open banking. The U.S. consumer watchdog on Wednesday (June 5) announced it had finalized a rule outlining the qualifications to become a recognized industry standard setting body. An entity like that, the agency said, would be able to issue standards […]
June 29, 2020
It’s a little harder for U.S. consumers to get credit as lenders retreat during the coronavirus crisis, The Wall Street Journal reported. The major reason is that banks can no...
February 03, 2020
The Federal Aviation Administration (FAA) is planning to enact new standards for unmanned drones, which could be the first step toward the eventual mainstream acceptance of deliveries via drones, according...
October 24, 2019
Asset managers like BlackRock and Vanguard, along with investment banks, have banded together to ask clearing houses to create larger safety buffers and more stringent standards to help stave off...
