Recent Stories

Federal Reserve Study Says The U.S. Needs Faster Payments

Federal Reserve Study Says The U.S. Needs Faster Payments

The Federal Reserve Banks and the Federal Reserve Board are moving ahead with a plan for working with all the payment stakeholders –  banks, merchants, corporates and consumers — on ways to develop faster payments, based on research that…
nationwide bank branch

Banks Have One More Shot With Customers – Maybe

Banks and technology vendors have been touting personalized service through better analytics for some years, so a bit of skepticism is in order when Cisco promotes its technology as a solution.
Softcard, Subway, Apple Pay, And Mobile Payments

Softcard, Subway, Apple Pay, And Mobile Payments

A bit of humble humor went a long ways at Money2020 where several CEOs used their keynotes to promote their companies and themselves, bragging about partnerships while not inviting any…
When Is A Payment Not Just – Or More Than – A Payment?

When Is A Payment Not Just – Or More Than – A Payment?

First, what’s the old idea of a payment? You go to a store, shop, fill a cart or a basket, check out and pay. Whether that is a supermarket, a department store,…
Facebook

Commerce Is Happening On Facebook

More than 30 million small businesses have pages on Facebook, and they are making money on the site using tools from profiles to custom audience searches, Deborah Liu, the head…
Apple Pay’s Future? Money2020 Panel Weighs In

Apple Pay’s Future? Money2020 Panel Weighs In

No one from Apple would appear at the Money2020 session on Apple Pay in Las Vegas yesterday, but the conference did round up some experts in the field who agreed that Apple has changed mobile payments with sheer brilliance. “Because it’s…
New York State Aims For Sustainable Regulation Of Virtual Currencies

New York State Aims For Sustainable Regulation Of Virtual Currencies

New York’s Department of Financial Services is considering a special type of transitional license for Bitcoin which would allow startups to operate in a flexible framework for a certain period of time, Benjamin Lawsky said at Money2020 in Las…
BBVA Compass And Dwolla Payments  — Leading Together In Real Time

BBVA Compass And Dwolla Payments — Leading Together In Real Time

Dwolla the Iowa-based real-time payments company, has been on something of a tear recently. Yesterday BBVA Compass announced an agreement that opens its technology platform to Dwolla, allowing customers of…
Gates Foundation Promotes Financial Services For The Poor

Gates Foundation Promotes Financial Services For The Poor

The Gates Foundation is promoting financial inclusion — providing the poor with access to savings accounts, loans, insurance and ways to pay and receive money — with some of the world’s largest emerging economies — Bangladesh, India, Indonesia, Nigeria,…
Two Money2020 Startups Want Your Spare Change

Two Money2020 Startups Want Your Spare Change

Forget about tossing your loose change into a cookie jar, two new companies are after it. Well, not physical change — they want the change left over when you pay a bill with…