For years, financial institutions have been enjoying the fruits of an industry-wide growth rate related to the move to a cashless society.

Many countries have taken steps toward the implementation of real time and same-day movements of money and the U.

A payments hub is a flexible platform that enables banks to build their own payments services that can integrate with multiple systems and channels, essentially breaking down the silos present in legacy structures.

Data breaches have become so common that virtually no business or financial institution is safe.

“Digital” is the new buzz word that has led to disruptions across multiple industry segments, including banking.

In the wake of recent well-publicized data breaches, the financial services industry is looking at tokenization as a means of improving the security around payments.

With the advent of Apple Pay and Android Pay, Bitcoin and EBay spinning off PayPal, payments are in the spotlight.

This October represents a key deadline for financial institutions across the country.

The implementation of same-day Automated Clearing House (ACH) transactions has been getting a good amount of attention lately.

With paper-based checks falling to about half of all B2B payments according to recent surveys, banks are feeling the revenue loss.

Can real-time payments make it in the U.

As a consumer of banking services, I can’t wait for my bank to offer mobile remote deposit capture (RDC) – and I’ll be happy to pay for it.

“Unfortunately, there are no mulligans when it comes to contracts.

The banking payments conversation has been floating dangerously on the surface between acronym-rich tech gadgetry and helpless buzzwords.

In this digital age, banks could (and should) do more to get small businesses to stop using paper checks, says panelists scheduled to appear at BAI Payments Connect 2014.

“We saw a decrease in fraud of about 75%,” says Vivienne Nicol, senior manager, fraud operations, at ATB Financial in Calgary, Canada.

In this fast-paced, highly mobile, Internet-everywhere world, it’s not surprising that U.

Mobile banking’s “first wave” is a good news story.

As today’s retail financial services institutions continually look for the best, most efficient ways to operate, it’s clear that simple changes to business processes can be made to better meet the needs of customers while increasing efficiency.

One of the most revealing and significant findings from our latest study on emerging financial services is that the principle of diminishing return applies to the bundling of financial services.