Financial Services

Proposed open banking guidance allowing consumers to share financial data with third parties is reportedly delayed by concerns over safeguarding data.

Fiserv will let merchant clients using Carat offer Affirm to their customers as demand for BNPL intensifies.

The US bank bought fintech Long Game in an effort to “future proof” its core business and appeal to millennials and Gen Zers.

TCH partnered with Fiserv to make the network more accessible and also added new security tech.

The Federal Reserve started onboarding participants for its FedNow pilot test as its 2023 launch date approaches.

The card network posted Q1 growth across the board—especially in cross-border volume—despite boycotting Russia.

The payments behemoth singled out digital wallets as a way to boost engagement going forward.

Watch the on-demand replay of our webinar, The Bank in 2025, as we discuss 4 trends reshaping the industry and how banks can thrive in a fast-changing financial services landscape.

Although the volume and value of global M&A deals in banking has stalled, pent-up demand is building.

Payments volume grew 17% YoY in Q2 despite leaving a major market. Visa is focusing growth ambitions on new tech like open banking.

The CFPB will use a dormant legal provision to examine nonbank financial companies that “pose risks to consumers.”

US Sens. Elizabeth Warren and Robert Menendez sent a letter to Early Warning Services regarding how it’s handling rising fraud.

The No. 1 biggest source of financial stress among US adults last month was managing living expenses, with 27% being most concerned about the cost of necessities like groceries, gas, and utilities. Saving, investing, and planning for the future were the second biggest stressor, cited by 19%, while managing debt was No. 3, with 13% calling it their primary financial worry.

The UK’s FCA found that the banks may have inadequate financial crime defenses.

The tech giant appears to have switched Apple Cash over from Discover to Visa and enhanced fraud prevention features for Apple Pay.