Economists at the Bank for International Settlements (BIS) think central bank digital currencies (CBDCs) could “curb the demand” for crypto. In a new bulletin, BIS...

U.S.-based banking association and payments network operator The Clearing House appointed a new CEO this week.David Watson will assume the leadership position from...

The National Retail Federation (NRF) forecasts that 2022 holiday retail sales will grow between 6% and 8% over last year, and could reach $960...

As we approach the 2023 launch of the FedNow service, banks across the U.S. must consider whether they are ready for real-time payments —...

Innovation is enabling new types of payments and creating a truly dynamic ecosystem. Yet in order to create a market where new schemes like...

What innovations are making their way to the payments space in the U.S.? How will the new FedNow Service impact the current payments...

The story of Bitcoin has certainly had its fair share of nefarious characters, criminal activity, bad haircuts and worse wardrobes, and yet our anti-hero...

Stablecoins could have such a profound effect on the established banking system that U.S. regulators need to require the digital tokens fit in without...

Attendees at the recent Bank Automation Summit were presented with new ideas, strategies and practical applications for automation. Bank Automation News editors selected five of the best use cases from the Summit: strategies to help financial institutions on their automation journeys. 1. Establish a lab for automation innovations The $5.7 billion MSU Federal Credit Union […]

SWIFT member banks must overcome major technology and business hurdles to upgrade their systems for ISO 20022 messaging requirements. The upcoming November adoption of ISO 20022 — a widely accepted standard for sending digital payment messages and data between financial institutions — and the rapid approach of services like FedNow and an ISO 20022-integrated Fedwire […]

While big banks mobilize billions in tech development, community banks are continuing their own technology journeys through fintech investment. Fintechs provide community banks with unique opportunities to digitize the customer experience, Boyce Adams, senior vice president at payment automation fintech AvidXchange, tells Bank Automation News in this episode of “The Buzz” podcast. “Your community or […]

By Richard Young As the Federal Reserve progresses with plans to launch real-time payments (RTP) system FedNow, its main competitor in the ... read more