New Tools Available in the Fight Against Elder Fraud
Nacha is expanding its support for banks and financial institutions in addressing elder financial abuse. The organization’s Payments Innovation Alliance has issued new tools designed to help account holders who may be at risk of elder fraud and to raise broader awareness about financial exploitation targeting older adults. The tools are being released in conjunction […]
Walmart and Amazon Mull Launching Branded Stablecoins
The two largest retailers in the world are considering stablecoin launches—moves that could shift a significant volume of transactions away from the traditional financial system. The Wall Street Journal reports that both companies are exploring this strategy as they eye the potential passage of the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act—a […]