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Small FIs onboard FedNow for growth, efficiency
As real-time payments become integral to growth strategies, small financial institutions are increasingly signing on with instant payment rail FedNow...
Payments
FedNow could soon expedite FEMA payments for hurricane survivors
Survivors of future natural disasters like last week’s devastating Hurricane Helene, could soon be able to receive Federal Emergency Management...
Transactions: Amex, Boost team up on virtual card
American Express and Boost Payment Solutions will provide commercial card processing to U.S.-based American Express merchants, the pair announced Sept....
Transactions: Citizens Bank, Navan team up for travel expense management
Citizens Bank has teamed up with Navan to provide its commercial customers with travel expense solutions. “Dynamic travel policies are...
KeyBank to hold off on FedNow until DDA reach hits 5%
NEW YORK — KeyBank is hesitant to join the Federal Reserve’s real-time payments network FedNow until the payments rail shows...
Webinar on future of open banking to feature Finavator’s Beyo
Michelle Beyo, CEO, Finavator Michelle Beyo, chief executive of consultancy firm Finavator, will be featured in the upcoming Bank Automation...
Transactions: Amex, Knot launch card-on-file solution
American Express and card-on-file management company Knot are launching a card-on-file payments solution to improve the payment experience at trusted...
Inside look: Amex’s capital deployment strategy
American Express is maintaining its capital position while investing in its technology framework, marketing efforts, and merger and acquisition opportunities. ...
FIs weigh in on US open banking regulation
The Consumer Financial Protection Bureau is expected to finalize its Section 1033 regulation on open banking this fall, and financial...
Marqeta innovates to expand client base
Card issuing platform Marqeta is looking to innovation in a bid to woo fintechs and businesses to diversify its revenue...
