Everyone wants to get paid faster. As faster payments systems come online from central banks around the world, the United States lags with an aging, efficient, and relatively slow payments infrastructure. That's changing as consumers come to expect payments to work as immediately as commerce in general. The Chicago Payments Forum hosted two startups providing solutions for … [Read more...] about U.S. Faster Payments Present and Future
Federal Reserve
BLOCKCHAIN WATCH 06/12/16
The Federal Reserve flirts with blockchain. Global central bankers learned about blockchain technology at the Federal Reserve's annual meeting last week. Federal Reserve Chair Janet Yellen reportedly called for central banks to study blockchain and noted that the Fed does not have the authority to regulate cryptocurrency. Coverage of the meeting, closed to the media, is classic … [Read more...] about BLOCKCHAIN WATCH 06/12/16
Banks v. FinTechs?
FINTECH ARTICLES OF THE WEEK 06/12/16 Banking and financial technology continues to meet over the evolving regulatory regime. Regulators are seeking guidance as they work to catch up with the pace of technology. Of particular significance, representatives of central banks learned more about digital currency technologies at the Federal Reserve's annual meeting. See this week's … [Read more...] about Banks v. FinTechs?