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Acquire or Be Acquired 2023: Disruption ‘Comes Home’ to Banking

Gonzobanker

While AOBA provides a fertile forum for buyers and potential sellers in the bank M&A space to commensurate, the crowd uses this valuable face time to also delve into discussions about the economy, strategic growth, fintech innovation, competition, and talent wars.

Arizona 145
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SWIFT Gears Up For Trade Via Blockchain

PYMNTS

The partnership will integrate the R3 platform into the SWIFT global payments innovation (gpi) offering. The trio is comprised three executives of the Federal Reserve Bank of Kansas City: Barbara Pacheco, former senior vice president, Thomas Hoenig, former president, and Bruce Summers, former director of information technology.

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Congress Presses Fed On Real-Time Payments Plan

PYMNTS

The Federal Reserve’s buildup to faster payments innovation came to a head in August when it announced FedNow , its proposed real-time payments infrastructure under the draft Payments Modernization Act of 2019. Reception toward the initiative was not, however, universally positive. payments ecosystem. payments ecosystem.

Payments 174
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The 2018 GonzoBanker Awards

Gonzobanker

We’ve simultaneously disdained and feared the fintechs, artificial intelligence and blockchain consortia. PNC made a Gonzo move with a national digital expansion in 2018 with the unique idea of building a small number of branches in target metro markets like Kansas City and Dallas. GonzoBankers, 2018 has been a troublesome year.

Fintech 102
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Why The Fed Will Create Its Own Real-Time Payments System

Tech and Finance

It also has a regulator that takes a far more active role in promoting consumer interests vs. banks than the Fed does. When firms face excessive barriers to entering a market competition stagnates, prices remain high and innovation remains low.”. The UK implemented a faster payments system 10 years ago.

System 38