Is Chase Bank Already Working On a New Digital Only Bank?
It was less than two weeks ago that I wrote a few comments about Chase Bank shutting down its digital-only...
In the Competitive Digital Only Banking Market, Discover Eliminates Account Fees
Digital only bank accounts are plentiful and new providers are entering the marketplace all the time. Just last week there...
Another Smaller Institution Joins the Clearing House RTP Platform
The Clearing House (TCH) launch a real-time payments platform in November 2017. Since then, the largest financial banks, also owners...
What is the End Game for Bank’s Digital Only Businesses?
The Wall Street Journal and many, many other news outlets have reported Chase Bank has begun the process of closing...
Update from the Fed: No Update
The American Banker had an interview with Esther George, president of the Federal Reserve Bank of Kansas City. I was...
Who Wants Faster Payments?
You may have the articles last week quoting Visa’s CEO, Al Kelly that real-time payments are not going to see...
Are Payroll Processors Falling Behind in Adopting Digital Payments
An opinion piece in PaymentsSource takes aim at the payroll industry and suggests that it has not been adopting new...
Are Community Banks and Credit Unions Too Late to the Faster Payments Party?
The Clearing House (TCH) launched their real-time payments platform, RTP, a year and a half ago. The largest banks are...
The Clearing House Lands a Small Bank and That’s Big News
Avidia Bank in Massachusetts is getting a lot of attention as they have announced the completion of their integration into...
Why the JP Morgan Chase Acquisition of InstaMed Makes Sense.
Anyone who has dealt with a significant medical event knows that the claims and payment process can be brutal. If...
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