Kansas City Fed’s George Says FedNow to Be Ready in 2023
Esther George, president and CEO of the Federal Reserve Bank of Kansas City today announced that the FedNow payment system...
Technology
FTC: Fraud Cost Older Americans More Than $600 Million in Losses in 2020
The Federal Trade Commission’s Consumer Sentinel Network took in more than 334,000 fraud reports filed by Americans age 60 or...
Edwards to Bankers: Make COVID-Era Innovations Stick
In his final remarks to bankers as ABA chair at the ABA Annual Convention, United Bank CEO Jim Edwards challenged...
New ABA, Accenture Report Examines State of Digital Lending
With the COVID-19 pandemic driving more consumers to online and mobile banking, banks have to meet rising customer expectations and...
TCH, EBA Clearing, Swift Partner for Faster Cross-Border Payments
With the backing of 11 large international banks, the Clearing House, EBA Clearing and Swift have collaborated in an effort...
Survey: Overcoming Data Integration Challenges Improves Customer Service
Having an effective data strategy is important to financial leaders, with 80% saying they would be able to improve customer...
Central Banks Highlight Conditions Required for CBDC Success
Central bank digital currencies will meet the goals envisioned by their proponents only if they include private-sector participation, interoperability with...
Survey: Identity Theft, Stolen Credit Card Information Top Consumer Cybersecurity Concerns
The top cybersecurity concerns for consumers regarding their personal information are identity theft and stolen credit or debit card information,...
Cryptocurrencies and Exchanges Will Face Increased Regulatory Focus
Whatever the specifics, we can be certain that every business that deals with virtual currencies will be affected as well.
Bankers Viewpoints Shift as Pandemic Continues, CSBS Annual Survey Highlights
In 2020, local business conditions were top of mind for community bankers. This year, the lingering effect of COVID-19 on...
