Real-Time Banking: The Risk of Doing Nothing
Real-time banking is where the market has moved. The biggest risk for community banks is to do nothing in this space.
Browsing: Faster payments
Survey: P2P Adoption Driven by Friend, Family Recommendation or Bank Offering
A recommendation by friends or family members is the main reason consumers cite for adopting a new person-to-person payment solution, according to survey results commissioned by Early Warning Services and released today.
Fed Proposes Adopting New Messaging Standard for Fedwire Funds Service
The Federal Reserve is seeking public feedback on a proposal to adopt the International Organization for Standardization’s 20022 message format for its Fedwire Funds Service instead of its current proprietary format.
Podcast: U.S. Bank’s ‘Test and Learn’ Approach to Fintech Innovation
As the leader of a 32-person R&D team helping U.S. Bank’s business lines implement new technology and scout out the most promising financial innovations, Dominic Venturo is on the front lines of fintech innovation in the banking world. On the latest episode of the ABA Banking Journal Podcast, Venturo talks about recent and upcoming innovations that U.S. Bank is rolling out.
The Bank Experience of the Future
First thing first: the experience will not equal the channel.
New ABA White Paper Provides Info, Answers Questions on Payment App Zelle
As part of its efforts to help bankers better understand and employ financial technology, ABA has published a new white paper titled “Understanding Zelle.”
Podcast: Jeff Plagge on Zelle, RTP and Implementing New Tech at Community Banks
On the latest episode of the ABA Banking Journal Podcast, Jeff Plagge — president and CEO of Northwest Financial Corp. in Arnolds Park, Iowa, and a former ABA chairman — discusses how a smaller community banking company like his, with $1.8 billion in assets, can make investments to stay on the technological cutting edge.
The Present and Future Payments Ecosystem
Financial institutions are leveraging technology to make payments faster, easier and safer.
Fed’s Quarles Discusses Implications of Cryptocurrency for Financial Stability
As financial innovation forges ahead and digital currencies like bitcoin continue to make headlines, Federal Reserve Vice Chairman for Supervision Randal Quarles today emphasized the need to balance innovation with financial stability.
Newsbytes Podcast: From Jay Powell to the ‘Joy of Zelle’
It’s a big news week on the latest episode of the ABA Newsbytes Podcast. Co-hosts Evan Sparks and Shaun Kern discuss the appointment of Jay Powell as Federal Reserve chairman and the final repeal of the arbitration rule. FirstBank’s Jim Reuter is the interview guest.