The Federal Reserve is developing a new payment and settlement method. This new program, titled FedNow, will modernize payment service, a program most consider to be long overdue. Read the article below for more information. The Federal Reserve recently announced its plan to develop a new payment and settlement service, known as FedNow, which would…
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The question “will technology disrupt retail banking?” is a common talking point among the banking industry right now. The current rate of investment is on pace to exceed $1 billion this year, double the total from 2018 and more than 6 times the total from 2017. Dealing with finances is a common stressor in our…
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New fraud techniques by cyber-crooks arise every day. Hackers come up with new ways of getting our information daily. This article reminds us how important it is to never give out personal information over the phone to avoid potential hacking. For more information on protecting your data, read some of our previous articles here! A…
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Every day it is increasingly common to hear of individuals who have had their bank account hacked. The article below lists key factors that hackers use in order to identify your personal information. Additionally, it lists important precautions you can take in order to avoid this particular event. Read the article below for more information.…
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