Page 30 - Aite Group News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Realizing the value of real-time payments for credit unions 2021 projected to be a watershed year for faster payments January 28, 2021 by Kristen Jason, Alacriti 1SHARES Real-time payments (RTP) have been discussed for decades, but they only achieved true momentum within the last few years. Industry changes, combined with the effects of the pandemic, have accelerated the trajectory for mass-market adoption of real-time payments. The U.S. payments industry is rapidly moving to a true digital payments era with a vast increase in new payment technology coming online. In 2017, The Clearin...

How social media fueled the GameStop stock surge The market frenzy was spurred by social media posts from prominent CEOs and internet influencers. The tweets and threads created internet mayhem and ultimately pushed the video game retail business to a $24 billion market cap. January 27, 2021 4 MINS Like it or not, the influence of social media over the stock market — and the historic GameStop rally — is likely here for the long haul.  The influence a single tweet from Tesla CEO Elon Musk or Social Capital CEO Chamath Palihapitiya — who together sport nearly 44 mil...

Facing Complaints, Schwab Adds Staff as Short-Term Fix In the midst of its integration with TD Ameritrade, Schwab is facing angry advisors fed up with poor service. The recent substandard service provided by Charles Schwab is a case of more money, more problems, according to the firm. Advisor complaints of subpar service from the custodian prompted a more detailed explanation of the “confluence of challenging factors” the company encountered over the past few months. The firm was swamped by “record breaking flows of new assets over the last three to four months” that overwhel...

Helping corporates manage cash and liquidity through automated data-based actions can start to ease serious headaches for treasurers, says Icon Solutions' Simon Wilson.

U.S. banks and payment companies are looking to Europe's example to see how open banking can push the market beyond its reliance on credit and debit cards.