FedNow Real-Time Payments Announcement Gets Predictable Responses
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The Federal Reserve’s announcement Monday that it will build a real-time payment (RTP) system, FedNow, elicited applause and complaints.
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Fintech News Stories
Blockchain Tackles the Supply Chain
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Blockchain technology has been touted to modernize several different sectors over the past few years, such as payments, trading, and many others. Now a consortium led by IBM is hoping to unleash blockchain’s power to revolutionize supply chain management.
Read MoreCard Wars, Part Deux
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In the past year, the likes of Visa, Mastercard, Amerian Express, and Discover have invested hundreds of millions of dollars in acquiring start-ups and fintechs in the real-time payments, money movement, and data spaces.
Read MoreInvestment in Fintech Keeps on Rollin’
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Despite persistent talk of a fintech bubble, interest in fintech (and more importantly, investment in fintech) shows no sign of slowing down anytime soon.
Read MoreBiometrics Comes to the Airline Industry
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Biometrics technology has been making an increasing impact in banking over the last several years. Now, some are looking to the technology as a way to solve one of the most annoying customer pain points in any industry: getting through airport security.
Read MoreAnother Day, Another Data Breach
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At this point, is anyone even shocked when another massive data breach gets reported in the news?
Read MoreA Smart Regulatory Rule
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Smaller enterprises typically do not have the budgets that large organizations do, and thus have to come up with unique ways to compete in the marketplace. In this vein, the Department of Labor released what we think is a very smart rule this week.
Read MoreWhat Exactly do Millennials Want?
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Financial services companies have now spent the better part of a decade desperately trying to figure out what millennials want and how to give it to them. What’s the lesson?
Read MoreIs Five Years of Deliberation Over Real-Time Payments Enough?
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The Fed moves at a glacial pace on real-time payments.
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You Down with DBP? Yeah, You Know Me!
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Financial service firms have expressed greater interest in digital innovation, but can they make the shift?
Read MoreThe Chinese (Business) Century
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If the Fortune 500 list is any indication, uproar about the coming influence of China is no longer imminent, but solidly here, at least in business.
Read MoreThe AI Arms Race Heats Up
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Artificial intelligence has been making its way into many practical business applications over the past several years, both in financial services and beyond. As such, the race to develop and/or acquire AI technology has become heated.
Read MoreThe Costliest Data Breach Ever
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The 2017 data breach at Equifax, was one of the largest in history. Now it will go down as the costliest. While this all sounds well and good as a headline, we hope much of this money will go to affected consumers.
Fintechs Tackle the Retirement Crisis
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The fintech industry has revolutionized and changed many aspects of financial services over the past several years, from lending to student loan refinancing to budgeting to investing. Now there’s a crop of fintechs that have arisen looking to “fix” retirement in America.
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