How Fifth Third’s embracing hot payment trends
The bank’s acquisition of embedded finance firm Rize Money and collaboration with open banking firm Trustly will enable the bank to grow real-time processing, account-to-account transfers and address emerging compliance challenges.
Finding middle ground on overdraft protection fees
Credit unions worked with California lawmakers to reshape proposed changes to the fees. An upcoming rule from the Consumer Financial Protection Bureau raises uncertainty.
How the alchemy of banking helped create the modern state
In "Money and Promises," Paolo Zannoni, the historian, banker and executive deputy chairman of Prada, tells the tale of instances in which banks teamed up with governments to create financial instruments. Early bank innovations transformed debt into bank money, allowing
The politics of payment fees: Harris, Trump and the future of interchange
Merchants and card networks have battled over interchange rates for years. How will the next president change the fight?