Author: FinTechRising
The digital era continues to redefine industries, propelling the payment sector to the forefront of this transformation. Both consumers and businesses, driven by the pressing need for speed and …
As finance has firmly entered the digital era, the concept of value has started to transcend formerly physical boundaries, manifesting in forms no one could have foreseen even just …
The Federal Reserve today announced the launch of its long-awaited real-time payment system, FedNow. After nearly four years of development, this initiative will establish the regulator’s first nationwide network for …
Traditional payment systems that require days-long transaction settlement, high retailer fees, and operational inefficiencies are getting a technology makeover. Led by enabling technologies like artificial intelligence and machine learning, …
The Rise of Embedded Finance and Open Banking Bidding to serve a new generation of buyers, FinTech companies seek to redefine how financial services are delivered, especially payments. With …
Cboe Digital, a leading global exchange operator, announced that it has obtained approval from the Commodity Futures Trading Commission (CFTC) to introduce margin futures for bitcoin and ether. The …
Consumers and businesses want to move payments faster. Three recent studies show growth in the use of the various flavors of faster payments in the United States. Instant payments …
Countries are starting to settle trade in local currencies rather than U.S. dollars, and warnings of the dire consequences are heating up. They range from serious policy analyses on …
Noncash payments in the U.S. continue to grow, with the total value increasing at a rate of 9.5% per year 2018 to 2021, according to the most recent survey …
World Business Chicago recently hosted its first FinTech Exchange at the Illinois Institute of Technology’s University Technology Park. Chicago’s economic development agency added financial technology to its sixth priority …
