It’s a funny paradox. The Federal Reserve Bank’s launch of FedNow in July 2023 promised that consumers and businesses would be able to pay for groceries, pay their suppliers, and pay each other ...

Zelle, the bank-owned service that facilitates consumer money movement, said it plans to expand its services internationally.

New Yorkers receiving state-issued inflation refund checks are discovering that some banks are rejecting mobile deposits, ...

Landing a coveted merchant account is a top goal for many banks and payment technology firms, but banks may be at a disadvantage. It can cost up to 2.3 times more, on average $496, for a financial ...

The FED is exploring the idea os “skinny” master accounts that would make the central bank’s payment system more accessible ...

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Zelle, the payments app you likely use primarily to send rent to your landlord, is at the center of a lawsuit announced Friday by the Consumer Financial Protection Bureau (CFPB). The CFPB is suing the ...