PaymentsJournal

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Making Cross-Border Payments Work at Smaller FIs—as Originating Institutions or Correspondent Banks
For decades, typically large regional or money center banks served as correspondent banks that enabled smaller banks to offer cross-border payments. It was rare for credit unions, community banks, and
Banking, Reimagined: The Role of ITMs
As more people choose to bank online, the role of the traditional branch has undergone a transformation. Once the go-to place for every financial need, the branch is now primarily a hub for more compl
The Invisible Checkout: Embedded Payments Transform Small Business
Almost without notice, disappearing payments have shifted from novelty to expectation in small business transactions. A traveler arrives at an airport, books a rideshare, and checks into a hotelnever
How to Streamline the Onboarding Process and Speed Up Underwriting
Customers signing up for new accounts and services can feel frustrated by the hoops they have to go through, assembling information and entering it in complicated, sometimes multiple forms, whether on
Why Bill Pay Is an Underutilized Touchpoint for Financial Institutions
Amid the rise of subscriptions and digital services, consumers are juggling more bills than ever. In fact, the average U.S. household now pays around 10 bills each montha growing list that can be tri
Exploring the Factors Driving Continued ACH Growth
In just the first half of the year, ACH payment volume grew by 5.5% on a daily average basis, reaching roughly 17.25 billion payments. The growth is even more pronounced in terms of dollar value, with
Amid Surging Stablecoin Use Cases, Payouts Stand Out
The passage of the GENIUS Act in the U.S. has brought stablecoin interest to a fever pitch in recent months. However, even as more of the worlds leading organizations consider launching stablecoin, t
Share and Share Alike: The Promise of Cyber Fusion
One of the most effective tools in the fight against cybercrime is information sharingparticularly through anonymized consortium data signalsa practice increasingly referred to as cyber fusion. Desp
With Rising Compliance Demands, Reconciliation and Reporting Take Center Stage
Many organizations treat their reconciliation and reporting as mere check-the-box activities, investing only the bare minimum to remain compliant. However, companies that deprioritize these critical b
What Texans Credit Union Learned from Upgrading its General Ledger
When credit unions look for ways to improve service for their members, accounting systems may not be the first thing that comes to mind. But when Texans Credit Union upgraded its accounting platform,