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Payments

Banks must first look at how changing consumer payment preferences are impacting market dynamics
A new report suggests a well-designed central bank-backed digital currency could help drive innovation and improve payment systems
With rapid evolution in digital payments small businesses are confronted with questions about how to select the most suitable payment service(s)
The payments network Zelle is owned by seven United States based banks, and has been under the careful watch of lawmakers
Major institutions including Wells Fargo, BNY Mellon and HSBC are involved in the “proof of concept” project
According to Sam Yen, most residences today state that the reason they still have a checkbook is to simply pay the rent
By putting the customer experience at the forefront of their payments strategy, banks can create a thriving and innovative business
The Omaha bank is leveraging financial technology to streamline business banking services
The payments company is running a pilot project with blockchain group Paxos
Commercial payments clients would prefer bank relationships to fintechs, survey finds
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