How one startup coordinates your payments
Payments orchestration is an increasingly critical task as merchants seek cost efficiencies and the ability to add new payment alternatives and technologies.
https://www.paymentsdive.com/news/gr4vy-payments-orchestration-startup-competition/745101/
#FinTech #FinServ #Banking #Payments #PayTech
How one startup coordinates your payments
Payments orchestration is an increasingly critical task as merchants seek cost efficiencies and the ability to add new payment alternatives and technologies.
CFPB asks Texas court to vacate credit card late fee rule
In a settlement with bank trade groups that sued the Consumer Financial Protection Bureau, the Trump administration has agreed to drop the credit card late fee rule with prejudice.
US Treasury Yields Weaken in Tandem - A Breather in the Market
US Treasury yields weaken across the board as market takes a breather amid ongoing tariff uncertainties, with 10-year yield rising to 4.396% and yield curve flattening slightly.
Republicans pressure Fed on debit card fees
Some House Financial Services Committee members are pressuring the Federal Reserve to reverse a proposal to lower the debit card fees that banks can charge.
https://www.paymentsdive.com/news/republicans-pressure-fed-on-debit-card-fees/745248/?utm_source=flipboard&utm_content=PaymentsDive%2Fmagazine%2FPayments+Dive
#FinTech #FinServ #Banking #Payments #PayTech
Republicans pressure Fed on debit card fees
Some House Financial Services Committee members are pressuring the Federal Reserve to reverse a proposal to lower the debit card fees that banks can charge.
Canada's March CPI Slows to 2.3%, Below Market Expectations
Canada's March CPI unexpectedly slows to 2.3%, below market forecast of 2.6%, driven by falling gasoline prices amid global economic concerns
NY Fed Manufacturing Index at -8.1 in April, Short-Term Business Outlook Worst in 24 Years
New York Fed's Empire State Manufacturing Index improves to -8.1 in April, but business outlook turns pessimistic for the first time since 2022, reaching a 24-year low.
US Dollar Holds Steady - DXY Remains in 99 Range for Third Day Amid Uncertainty
US Dollar Index remains in 99 range for third day amid policy uncertainty, while safe-haven Yen strengthens and Mexican Peso gains on potential auto tariff easing
Edward Jones revives bank plans in bid to boost services — and revenue
Nearly three years after abandoning an attempt to start a state-chartered bank, Edward Jones is back at it again with a new proposal.
https://www.americanbanker.com/news/edward-jones-keen-to-get-in-on-the-banking-biz?utm_source=flipboard&utm_content=ArizentCo%2Fmagazine%2FAmerican+Banker
#FinTech #FinServ #Banking
Edward Jones revives bank plans in bid to boost services — and revenue
An industry consultant thinks Edward Jones' latest bid to start a bank is an attempt to add revenue sources as the traditional brokerage business becomes less lucrative.
US March Import Prices Fall 0.1% MoM, Below Forecast - Natural Gas Plunges 20%
US March import prices fall 0.1% month-on-month, below expectations, with natural gas prices plunging 20%, marking the first decline in six months amid fluctuating fuel costs.
USD/KRW Hits Intraday High of 1,432 Won in Night Trading, Retreats - Up 2.60 Won
USD/KRW exchange rate hits 1,432 won in night trading before retreating, influenced by yuan weakness and potential short covering amid increased market volatility
Alex Jimenez
Yonhap Infomax News