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The Fed Prioritizes Security As Payments Speed Up

PYMNTS

Federal Reserve is turning heads for its attention to faster payments, but the Fed has recently announced yet another initiative in the payments innovation space. Last week, the Fed’s Secure Payments Task Force called for comment from industry stakeholders about what challenges they face when it comes to payments security.

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TCH, FIS Submit Real-Time Payments Vision To Fed

PYMNTS

The initiative will allow financial institutions to use existing account credentials, which helps eliminate the need for enrollment. Additional partnerships between TCH and Jack Henry and D+H mean that the reach will be broadened to as many as 10,000 FIs.

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Fed Task Force Releases Payment Lifecycles And Security Profiles

PYMNTS

The profiles provide a perspective on the most common payment types, covering enrollment, transaction flow and reconciliation. They also cover security methods — and identity management controls — along with relevant laws and regulations, among other topics.

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The Fed On Finding A Clear Road To Getting Faster

PYMNTS

The creation of directory models to unlock interoperability and enable new solutions, followed by designing settlement capabilities to support 24/7/365 enrollment, were also included in those highly prioritized infrastructure and governance categories. Rules and governance, along with infrastructure, are considered the most pressing needs.

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AUrate’s Vision For Curated Fine Jewelry

PYMNTS

Historically, they found the marketplace was built to cater to men, and the two founders described themselves as “fed up with what we were seeing in terms of offers in the jewelry industry. We decided to go ahead and do something where we were the target customer.”

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Contextual Commerce Comes To Higher Education

PYMNTS

Flywire has benefitted from an international focus, especially where scholars from abroad have been enrolling in increasing numbers in schools based in the United States, Canada and Britain. We don’t see anything really slowing down,” Butler told Webster.

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Why Subscriptions Rule Retail And Amazon Is King

PYMNTS

annually on food and nutrition like a la carte meal kits FIX or Butcher Box , delivering grass-fed, humanely raised, sustainably sourced meat to customers’ doors on a monthly basis, compared to just $561.45 percent listing this as their main reason for enrolling in such services. Consumers pay $959.68

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