Category: Payments

Why a Decade of Payments Innovation Didn’t Move the Economics

The US has more payment applications than any developed market. US merchants also pay among the highest interchange costs in the developed world. Both facts are true simultaneously — and…

CFPB 1033 Open Banking Rule Pressures Banks, Payment Apps, and Fintechs

The Consumer Financial Protection Bureau (CFPB) has finalized the Personal Financial Data Rights rule, implementing Section 1033 of the Dodd-Frank Act. This regulation, sometimes referred to as the “1033 open…

Breaking Boundaries: AI and the Future of Digital Payments

In the world of payments, a revolution is quietly unfolding, transforming how we handle money. Once reliant on the clink of coins or the swipe of cards, financial transactions now…

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From ACH to AI – The Digital Payments Revolution

In the world of payments, a revolution is quietly unfolding, transforming how we handle money. From the early days of barter systems to the sleek digital wallets of today, the…