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Payments

Metrics—and underlying causes—regarding payments fraud will be the goal of a new Federal Reserve-sponsored study.

Fed launches payment fraud study

Picks Boston Consulting Group to produce research
Efforts to keep payments secure never end, and so the conclusion of a Fed task force on payment security informs the next phase, beginning later this year

Fed pay security effort ends and begins

Task force focused on payment lifecycles. Work groups will follow
Digital payments begins takeoff in earnest

Digital payments begins takeoff in earnest

ROI may have to wait while base builds, says IBM payment expert
Checks may be “old school,” but for corporate receivables, they're easier to deal with than matching an incoming ACH with an e-mailed remittance.

Banks must speed b2b pay integration

Reports note disconnect between corporates and banks over use of “integrated receivables”
Former Wells Fargo CEO Richard Kovacevich has joined those bankers who think little of Bitcoin as a viable currency. He called it a "pyramid scheme" on an edition of CNBC's "Squawk On The Street" this week.

Bankers bearish on Bitcoin

Recent comments negative on volatile cryptocurrency
In an age when the emphasis is on agility, Aite estimates that at least half of banks still service small business customers from consumer banking platforms.

Big potential in small business ACH

Study points to need for banks to upgrade capabilities
The meaning of "pay by phone" has changed significantly in a couple of decades.

Brother, can you spare your app?

Retailer-branded mobile wallets like Starbucks’ may be payments wakeup
11 questions about RTP

11 questions about RTP

New Real Time Payment system is operational. Here are some details
Sometimes taking money out can actually result in savings.

One small voice for cash in digital world

Volunteer program seeks to boost cash withdrawals as budgeting tool
Fed names new payments security strategy leader

Fed names new payments security strategy leader

Boston Fed’s Montgomery to head anti-fraud effort

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