Video: US Bank at FinovateSpring 2023 – The evolution of digital payments in the US
We chat with Anu Somani of US Bank about how digital payments have evolved over the last few years.
News, intelligence and resources on the global fintech industry including topics such as cheques.
We chat with Anu Somani of US Bank about how digital payments have evolved over the last few years.
Buyers, sellers, agents and escrow holders, can now move money “swiftly” and access expanded payment options.
Digital payment systems have seen explosive growth with many people moving away from cash.
Banking is predicted to see the biggest impact of edge computing.
British taxpayers have been paying off slave owners from 1833 to 2015.
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Certegy Check Services sold to Variant Equity Advisors.
Digiliti Money will merge into Urban FT’s affiliate, FinTech Imaging Solutions.
For the millennial generation, paying for a latte using a contactless card, transferring money to a family member or friend online or buying a pair of trainers with “one click” has become the norm. This generation has not only shaped and driven the payments revolution, but is also playing an active role in developing a lot of the payment technologies emerging today.
The landscape of cross-currency (FX) payments is taking on a whole new look – creating challenges for corporate financial managers and the need for new banking solutions.
There is little doubt that there is some very innovative work being carried out in the payments world. Digital technologies, including distributed ledger and artificial intelligence, are beginning to be applied to retail and corporate payments. But in the age of digital finance, a dinosaur of payments – cheques – persist.
The latest edition of our flagship magazine – Banking Technology – is out now, packed with news, analysis and insights, case studies, research and expert commentary.
US-based banking software vendor, Jack Henry & Associates, is shedding its deposit automation business, Goldleaf Enterprise Payments (formerly Alogent Corporation). The buyer is Battery Ventures, a US/Israeli venture capital and private equity firm. The company is regaining is former name – Alogent. Alogent’s back office software focuses on electronically capturing, processing and analysing cheque data […]
RBS has awarded a contract to Hewlett Packard Enterprise for the implementation of a new image-based cheque clearing service in response to UK regulatory changes that require all cheques to be processed digitally by 2017, under HM Treasury’s Future Clearing Model.