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Scam Factories Exploit Advanced Tech to Amplify Payments Fraud

Scam factories, where perpetrators themselves are victims of a system they help perpetuate, present a significant challenge to the integrity of global… ....

Claire Greene , Reaking News ,

Zūm Rails Raises $7 Million to Expand Open Banking Offering

Montreal-based company Zūm Rails has raised $7.7 million to expand its open banking/instant payments solution in the U.S. ....

United States , Marc Milewski , Claire Greene , Federal Reserve , Federal Reserve Bank , Social Security ,

Consumers Prefer Instant Payments, Federal Reserve and PYMNTS Data Show

An official with the Atlanta Federal Reserve says findings from a 2023 Federal Reserve study confirm the growing appetite for instant payments. Claire Greene,… ....

Claire Greene , Household Economics , Federal Reserve , Federal Reserve Bank , Atlanta Federal Reserve , Decision Making , Reaking News ,

Consumers Prefer Instant Payments, Fed and PYMNTS Data Show

An Atlanta Federal Reserve official says findings from a 2023 Federal Reserve study confirm consumers want instant payments, as PYMNTS studies have also found. ....

Claire Greene , Federal Reserve , Household Economics , Federal Reserve Bank , Atlanta Federal Reserve , Decision Making , Square Cash , Consumer Satisfaction With Instant Payouts , Ingo Payments , Social Security , Consumer Satisfaction With Instant , Open Banking Can Provide Fast , Easy Consumer Payouts ,

Big credit card issuers charge higher interest rates than small ones

Consumers often choose a familiar name, despite the costs. The CFPB's findings come as credit card debt in the U.S. is rising. ....

North Carolina , United States , Appalachian State University , Julie Morgan , Neel Das , Claire Greene , Federal Reserve Bank , Consumer Financial Protection Bureau , Consumer Financial Protection ,