Real-Time Payments Coming…at Federal-Reserve Speed

Real-Time Payments Coming…at Federal-Reserve Speed

Ten years after the UK launched Faster Payments, the US is partway through the launch of a real-time payments network run by The Clearing House, a private corporation owned by 25 of the largest banks in the country. It will be the first new rails in electronic payments in four decades.

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Credit Cards’ Latest Marketing Strategies

Credit Cards’ Latest Marketing Strategies

Besides car ownership, another thing we are always told millennials hate are credit cards. Perhaps with that in mind, credit card companies are ramping up their advertising on social media sites in an attempt to better reach a younger demographic. In addition to regular digital ads, some companies that issue credit cards are also paying social media influencers to hock their wares.

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Pumping the Brakes on the Cashless Society

Pumping the Brakes on the Cashless Society

The rise of mobile and digital payments has led to some nations around the world becoming nearly cashless. The benefits to eliminating cash from an economy exist; these include getting rid of the time and cost spent handling and storing cash, as well as making it far harder for criminals to launder money.

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