One year after a federal task force completed its groundbreaking work, here’s where faster payments stand in the U.S.
The explosion in digital payments is attracting an unsavory lot. But new technologies may give banks an edge against fraudsters.
The first mobile check deposit services appealed to techies. Now banks promote the user friendliness of revamped services as they tackle frustrations such as low deposit limits.
Emerging payment technologies will gain ground in 2017. Some represent competition and risk for banks, but others may help them get in on the action.
Ian Schweid joins the podcast to discuss the work of the Faster Payments Task Force, the rapid changes impacting financial services, and a payments future where driverless cars and appliances could take the lead in consumer interactions.
Experts say it’s time to ring out the old paper statements, and ring in the new possibilities in two-way video, for starters.
The technology has multiplied in popularity and ubiquity. But embracing cryptocurrency requires a thoughtful, thorough approach.
EMV chips in credit and debit cards slow fraud, but don’t stop it. Tokenization promises to bolster consumer protections.