Watch more: What’s Next in Payments With Finastra’s Mihail Duta In financial services, “legacy” has become one of the industry’s most loaded words. For some executives, it signals stability, regulatory maturity and systems that have processed trillions of dollars without blinking. For others, it represents...
New proposed federal legislation would give more financial institutions access to federal payment systems. The Payments Access and Consumer Efficiency (PACE) Act, introduced Tuesday (April 21), is designed to modernize the way companies access payment rails, according to U.S. Reps. Young Kim, R-Calif., and Sam...
Banks may find that the next phase of payments competition is less about adding new rails and more about making all rails feel like one smooth system. Drawing on the Global Payments Tracker Series report, “Moving Money Forward: The Power of Payment Hubs,” the story is...
The modern economy is running on integration debt. For most of the past two decades, technology progress has been defined by platforms. Companies built proprietary stacks, walled gardens and bespoke integrations that differentiated products. But these platform-driven solutions also compounded friction across the global economy....
June 29, 2026
Watch more: Michael Silver of Robinhood Consumers managing their finances through digital channels increasingly assume that money will appear in accounts quickly, with visibility into when it can be used. For investment platforms, that expectation carries operational consequences. The pace of deposits and withdrawals influences how customers interact with brokerage services, whether they expand their […]
May 29, 2026
Watch more: What’s Next in Payments With Finastra’s Mihail Duta In financial services, “legacy” has become one of the industry’s most loaded words. For some executives, it signals stability, regulatory...
April 07, 2026
Banks may find that the next phase of payments competition is less about adding new rails and more about making all rails feel like one smooth system. Drawing on the...
June 09, 2023
Business has a way of creating an alphabet soup of abbreviations and marketing names for financial products, and that’s certainly the case with account-to-account, or A2A, transfers. It’s helpful to...
April 21, 2026
New proposed federal legislation would give more financial institutions access to federal payment systems. The Payments Access and Consumer Efficiency (PACE) Act, introduced Tuesday (April 21), is designed to modernize the way companies access payment rails, according to U.S. Reps. Young Kim, R-Calif., and Sam Liccardo, D-Calif., who introduced the bill. “Whether it’s splitting a […]
July 18, 2024
The Bank of England said Thursday (July 18) that a global payments issue that was affecting CHAPS, the United Kingdom’s high-value payment system, is now resolved. “We are pleased to confirm that...
June 27, 2022
CloudWalk, a Brazilian FinTech that manages payments for small- to medium-sized businesses (SMBs), announced Monday (June 27) that it is launching a blockchain of its own. Last fall, CloudWalk announced...
December 07, 2021
FinTech startup Payment Rails is rebranding as Trolley while closing a $7 million Series A funding round led by Pace Capital, with Pace partner Chris Paik joining the Trolley Board...
