In this instalment of ‘Why banking infrastructure is broken’, we’ll take a look at payment rails. We’ll explore the issues with payment rails today, what needs to change and setting the right ...

Despite all of the innovation in fintech, the industry still relies upon banking foundations that were never built for speed, agility or global scale. Fintechs are often forced to layer modern ...

Aging payment rails is not a new problem for the U.S. banking infrastructure, but Silicon Valley Bank’s collapse put it in the spotlight, especially for payment companies that had their payment rails ...

In the new open banking world, banks are no longer just service providers but platform enablers that offer everything from payment processing to account verification through application programming ...

What Is An API In Banking? In banking terms, an API (Application Programming Interface) refers to a set of protocols and tools for building software and applications. It acts as a bridge between ...

Combining regulated wallet infrastructure with stablecoin orchestration, Bastion now enables fiat on-ramps and off-ramps across 50+ countries through its unified stablecoin APIs. Today, Bastion is ...

The US has enacted new open banking rules under CFPB Section 1033, requiring large financial institutions to provide secure, standardized API access for consumer data sharing. This coincides with ...

Zūm Rails, the company merging open banking and instant payments, announced it is leveraging embedded finance solutions from Fiserv (NYSE: FI), which is a provider of payment and financial technology, ...

The adoption of open banking and instant payments is moving slowly in the United States compared to other markets around the world, for example, Brazil. That said, the new program FedNow went live in ...

Banking Circle S.A., the technology-led payments bank, announced a strategic partnership with Visa, a global leader in digital payments. The partnership provides Visa Direct with access “to Banking ...