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 […]
RTP’s Raised Limit Powers New B2B Real-Time Use Cases
Since The Clearing House increased its real-time payments transaction limit from $1 million to $10 million in February, returns have been positive. Bank of America reports that transactions over $1 million now account for more than half the total value of U.S. real-time payments it processes for corporate clients. The RTP network’s transaction limit had […]
Stripe Continues Digital Assets Push with Privy Acquisition
After making strides toward its stablecoin launch, Stripe will acquire crypto wallet provider Privy. Although Privy is not yet a leading player in the crypto wallet space, it has 75 million accounts and partnerships with brands like trading platform Hyperliquid and NFT marketplace OpenSea. Privy’s protocols allow clients to build crypto wallets embedded directly into […]
Why Smarter Infrastructure Will Power the Future of Embedded Finance
Why Smarter Infrastructure Will Power the Future of Embedded Finance Tue, Jun 24, 2025 1:00 PM – 2:00 PM EST Thank you. You have been registered for the webinar. Details on accessing the webinar to follow. The post Why Smarter Infrastructure Will Power the Future of Embedded Finance appeared first on PaymentsJournal.
Remodeling Main Street: How Community Banks Can Leverage the Banking-as-a-Service Paradigm
Community banks are the heart and soul of their localities, often providing the spark that helps small businesses achieve their goals. However, the emergence of new technologies in recent years means that more financial services companies are vying for a share of the smaller institutions’ markets. In a recent PaymentsJournal podcast, Matthew Wilcox, Deputy Head […]
Credit Card Losses Soon to Get Ugly: Prepare Now
Citi announced that it is increasing loan loss reserves. And the issue isn’t Citi’s well-run card business; it is indicative of what to expect in the months to come. A recent report from the Federal Reserve stated that the consumer’s challenge is not rising unemployment, but rather persistent inflation. Yahoo Finance reports a recent Bloomberg […]
Are Personalized Checkout Pages the Future of Retail?
If the holy grail of marketing is reaching an audience of one, as some have said, a new partnership is bringing that vision closer to reality. Checkout technology company Bolt has teamed up with AI software provider Palantir Technologies to launch Checkout 2.0, a platform they hope will revolutionize the online checkout experience. The system […]
DDoS Attacks Increasingly Flood Financial Services Firms
Bad actors seeking to overwhelm organizations’ networks through distributed denial-of-service (DDoS) attacks have put the financial industry in their crosshairs. Research from the Financial Services Information Sharing and Analysis Center (FS-ISAC) and cybersecurity firm Akamai found that DDoS attacks increased exponentially from 2014 to 2024, peaking in October with 350 recorded events. Due to the […]
Three Strategies to Maximize Loyalty in the AI-Driven World
Deepening customer loyalty is one of the most powerful ways for a financial brand to grow profits. Yet, it’s also one of the most underinvested strategies. Regardless of industry or company maturity, many brands get stuck in a loop: marketing dollars and efforts go to acquiring customers—ads, sign-up incentives, affiliates, social media—while sustained engagement gets […]