Forbes contributors publish independent expert analyses and insights. Scott Harkey is a technology executive covering banking and payments. More than a decade ago, at the beginning of the digital ...

Here’s why this efficient payment method is steadily overcoming doubts to establish itself as a safe, efficient—and fast—alternative to cards. From instant-payment processing times to real-time ...

What Is A Payments Bank? A payments bank operates like a leaner, digital-first version of a traditional bank, focussing specifically on facilitating payment transactions. They are also a unique ...

Preventing fraud and scams can be a case of whack a mole for banks and payments companies as bad actors deploy new technologies to fool consumers and employees. But there are steps financial ...

We might earn a commission if you make a purchase through one of the links. The McClatchy Commerce Content team, which is independent from our newsroom, oversees this content. Savings accounts are ...

FedNow will be the first of its kind central bank instant payment system in the US and could revolutionize how businesses and consumers pay and receive money. But not everyone is prepared for it.

Updates at 11:18 AM ET to include Walmart confirmation and comment in fifth paragraph. Walmart (NYSE:WMT) will offer its customers the option to pay for their purchases through instant payments from ...

FILE - An American flag flies over the Federal Reserve building on May 4, 2021, in Washington. The Federal Reserve has launched their instant payment service, FedNow, which allows banks and credit ...

Major banks are considering issuing their own stablecoins or tokenized deposits. Visa and Mastercard are integrating stablecoins with traditional payments. The Genius Act regulates stablecoin reserves ...