Last month, the Fed announced a proposal to develop a faster-payments platform called FedNow. The addition of FedNow would give credit unions another option when considering whether to offer real-time payment settlements. Credit Union Journal discusses the number of ways the platform could impact credit unions.
In B2B payments, speed and automation are key to allow vendors and distributors to determine if the price (data) is right. PYMNTS predicts how B2B companies will change as technology continues to progress.
An increasing number of challenger banks, neobanks and digital offshoots are being born in the cloud, and the technology is now being used by legacy and new players for all IT needs. In a recent article, Finextra examines the benefits of being born in the cloud.
An increasing number of challenger banks, neobanks and digital offshoots are being born in the cloud and the technology is now being used by traditional banks and new players alike for all IT needs. Banks that are born in the cloud are at an advantage because legacy players that are in the process o...
Traditional banks are feeling constrained by their legacy core systems as new competitors are quickly adopting technology and innovating to seamlessly adapt to evolving customer expectations. International Banker reveals how banks can apply technology to their existing businesses.
Banks are a mixed bag when it comes to utilising technology’s full potential: some are taking full advantage while some are trying, and often struggling, to apply technology to their existing businesses.