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Company links rise in income to growth in St. Louis

Inflation’s links to globalization examined in new Dallas Fed Publication

New report links high credit card debt to medical expenses

Dwolla Submits its Real-Time Payments Proposal to the Federal Reserve’s Faster Payments Task Force

May 9 – Dwolla, an all digital bank transfer payment system, has submitted a faster payments proposal to the Federal Reserve-chartered Faster Payment Task Force for review and assessment. The Fed-chartered initiative, comprised of the over 500 Faster and Secure Payments Task Force members, has been tasked with representing, addressing, and assessing improved payments systems. The Dwolla proposal offers an alternative to the 40-year-old $40 trillion bank transfer system that can take up to four days to transfer funds.


Ten Best Practices to Drive Digital Sales

By Erin Oswalt

Would you like to drive digital sales to new levels?  You are not alone – Recently Bottomline and BankNews offered a webinar focused on best practices in driving growth through digital channels. 90% of our audience indicated they have not reached their goals for digital growth.


Banks Are Positioned To Prevent Elder Abuse, Says CFPB

March 24 – The Consumer Financial Protection Bureau has issued an advisory and a report with recommendations for banks and credit unions on how to prevent, recognize, report, and respond to financial exploitation of older Americans. Financial exploitation, the illegal or improper use of a person’s funds, property or assets, is the most common form of elder abuse and costs seniors billions of dollars per year. (more…)

MUFG Union Bank Launches Online Platform to Streamline Issuing and Paying Agent Services

March 22 – MUFG Union Bank (the Bank) has launched IPA Port, a new online platform that offers fully integrated issuing and paying agent services (IPA) for issuers of USD commercial paper and certificates of deposit. This easy to navigate platform delivers seamless processing for issuance, interest, and maturity payment activities using real-time data and transaction monitoring and reporting through a single online source.


Banking on the New Is Even Easier

March 11 – Chase has announced the launch of its redesigned website,, making it faster, simpler and more personalized for the bank’s customers.


FDIC Publishes a Bank Customer’s Guide to Cybersecurity

March 9 – Consumers increasingly rely on computers and the Internet for everything from shopping and communicating to banking and bill paying. While the benefits of faster and more convenient “cyber” services are clear, the strategies for preventing online fraud and theft may not be as well-known by many bank customers. That is why the FDIC has produced a special edition of the agency’s quarterly FDIC Consumer News (Winter 2016) entitled “A Bank Customer’s Guide to Cybersecurity.”


CyberSecurity Experts Warn of Acecard Malware Targeting Android Banking Apps

Feb. 22 – The Kaspersky Lab Anti-malware Research Team has detected a dangerous Android banking Trojans capable of attacking users of nearly 50 different online financial applications and services. The Acecard malware is able to bypass Google Play store security measures.


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