Early in 2016, the first reports of a historic theft began to surface in the press. Sounding more like the storyline of a James Bond movie than the mundane world… Continue Reading
June 3, 2018
June 1, 2018
Real-Time Payments Have Arrived
In November 2017, The Clearing House launched the first completely real-time payments system in the U.S. and the most modern payments system in the world. On that date, the first… Continue Reading
December 3, 2017
Using Artificial Intelligence to Support Real-Time Payments
The financial services industry has been leveraging artificial intelligence (AI) – specifically, machine learning (ML) – to support payments for over a decade. For example, early investments by PayPal in… Continue Reading
December 3, 2017
Solving The Problem of B2B Payments
Payments have never been easier or more convenient to initiate and settle than they are today, especially on an individual basis. Payment companies, banks, and FinTechs finally are approaching the… Continue Reading
December 3, 2017
Is Blockchain Technology Right for Banking?
Much has been written about blockchain technology during the past few years. After the initial attention that the Bitcoin crowd received, the recent increase in the price of Bitcoin, and… Continue Reading
December 3, 2017
BNY Mellon’s Gerald Hassell Discusses the Economy, Technology, and His 44-Year Career
Jim Aramanda, TCH: Let’s start off on a lighter note. As you know, Alexander Hamilton, who founded The Bank of New York 233 years ago, has been getting a lot… Continue Reading
December 3, 2017
Consumer Data in an API-Enabled World
Application Programming Interfaces (APIs) – long utilized within closely restricted environments by the financial services industry – provide a set of standardized procedures for data and applications to securely communicate… Continue Reading
December 3, 2017
As Real-Time Payments Rise, Payment Hubs See a Resurgence
In the early 2000s, when global banks were re-engineering their core systems, payment hubs were seen as the future of payment infrastructure. However, the hub offerings available at the time… Continue Reading
December 3, 2017
What Is a Bank?
Square’s and SoFi’s applications for industrial bank charters and Varo Money’s application for a national bank charter directly bring to the forefront these lingering questions: What is a bank? Who… Continue Reading