Items include
- 3 Whitepapers
- 4 Podcasts
- 36 BID Newsletters
payments
Whitepapers
The Federal Reserve Banks are set to adopt the ISO 20022 message format for the Fedwire Funds Service on July 14, 2025. This pivotal transition will mark a significant step towards standardized, efficient, and interoperable financial messaging.
Your customers aren’t going to wait for faster payments. The ability to clear and settle payments in real time provides money management flexibility and full access to immediate funds. Understanding the payment options available to you and how to get started implementing them can help pave the way to keep customers happy.
Cross-border payments are changing and business owners expect to transfer money quickly. Swift GPI allows community financial institutions to meet their customers’ needs and generate additional fee income for their institution.
Podcasts
In this episode of Banking Out Loud, Fiserv payments experts Paul Sullivan and Justin Jackson join PCBB’s payments expert Sheila Noll to discuss the rapidly evolving faster payments landscape. Their conversation touches on the importance of strategic thinking and collaboration with partners, while also driving home the need to view faster payments as an opportunity to better serve customers and differentiate your institution.
Podcast about the different types of digital assets, current regulation as well as thoughts on what could be next. We also explore blockchain technology with a look at current and potential uses related to banking.
In this part 2 of our payments episode series, host Sonia Portwood sits down with PCBB's Allen Sztukowski to discuss what the future of real-time payments looks like. Including the soon-to-launch FedNow program, anticipated technology and functionality changes, and tips to help you prepare.
A discussion with PCBB's Allen Sztukowski, an active participant in the efforts to modernize real-time payments, on how the payments space has changed over the years, and what efforts are being made today to modernize it.
Many small businesses still use paper invoices and checks, slowing cash flow and raising fraud risk. Integrated e-invoicing with ACH, RTP®, and FedNow® Service helps CFIs modernize receivables and deepen relationships.
CFIs can modernize wire operations without sacrificing control. Integrating automation, ISO 20022 standards, and strong risk governance can help boost efficiency, visibility, and compliance while maintaining customer trust.
Instant payments are accelerating, with RTP® and the FedNow® Service gaining traction. Learn why demand is surging, how adoption is shifting, and what it means for CFIs looking to stay competitive.
Per tradition, we're looking back on our top articles of the year to BID goodbye to 2025. As federal payments shift to faster digital methods, CFIs can support SMB clients by modernizing payment tools, encouraging digital adoption, and delivering real-time capabilities that meet evolving business expectations.
Per tradition, we're looking back on our top articles of the year to BID goodbye to 2025. In this August article, we discuss how regulatory changes have cleared the way for financial institutions to delve into crypto. We outline the latest developments and safe strategies for CFIs to start exploring crypto offerings.
In this second article reviewing 2025 banking trends, we address challenges and opportunities CFIs have encountered over the past year and how they have responded to support their continued growth and resilience.
The Federal Reserve is seeking input on the future of its check services, shortly after announcing the sunset of several international offerings. We discuss how CFIs can prepare in case of changes.
By 2027, 51% of e-commerce purchases will be via digital wallet. We discuss why digital wallet share is important for CFIs, along with strategies to get the top spot.
As the financial industry gears up to offer stablecoins, we discuss regulatory standards, risk management practices, and practical steps for CFIs to start exploring stablecoins.
Many businesses still rely on checks for B2B payments. We discuss how CFIs can support check usage among their SMB customers while promoting the adoption of modern payment methods.
Positive pay can help you flag fraudulent checks before funds are issued, yet adoption rates are just 29%. We discuss the benefits of positive pay and how to increase its usage.
Recent regulatory changes have cleared the way for financial institutions to delve into crypto. We outline the latest developments and safe strategies for CFIs to start exploring crypto offerings.
Digital-first payment cards will account for $9.1T in spending by 2027. We discuss the benefits for customers and explain how CFIs can benefit by offering customers virtual payment cards.
It’s been a decade since “wearable payments” technology was introduced. After years of on-again, off-again interest from banks, wearable payments are becoming practical and useful for CFIs and their customers.
Buy Now, Pay Later options are gaining traction among small businesses as they seek flexible financing solutions to fuel growth and recover from economic challenges.
Due to high production costs, the US Mint will press the very last penny early next year. We discuss the impact for consumers, businesses, and CFIs.
The July 14 ISO 20022 cutover is nearly here. Core systems may handle much of the technical work but CFIs still have key roles to play — especially when it comes to operations, compliance, and customer support. Here's what to know now.
Debit card and check fraud are both on the rise. We discuss the trend, including how CFIs can maintain vigilance and protect their customers.
As federal payments shift to faster digital methods, CFIs can support SMB clients by modernizing payment tools, encouraging digital adoption, and delivering real-time capabilities that meet evolving business expectations.
The Federal Reserve has extended the ISO® 20022 implementation deadline for the Fedwire® Funds Service to July 14, 2025, giving CFIs more time to prepare. Benefits include enhanced payment efficiency, stronger fraud detection, and improved interoperability. With the deadline approaching, we explore how CFIs can use this extension to refine systems, train staff, and support business customers.
As the payments space rapidly evolves, CFIs have a significant opportunity to strengthen their relationships with SMB customers by offering integrated, secure, and cost-effective payment solutions that go beyond basic processing.
Following tradition, we're taking a look back at your favorite articles from this year as we BID adieu to 2024. We're kicking the series off with our most popular article of the year. This spring, two of our customers were targeted in a fraudulent wire transfer scheme, with one unusual twist — the victims weren’t the CFIs’ customers, but the CFIs themselves. We provide details on how this cyberattack unfolded, as well as tips to protect your CFI from similar threats.
Despite rapid growth in cross-border payments, there are still challenges in areas such as currency conversion, fees, security, and settlement delays. We detail possible solutions.
Ongoing advancements in biometrics have added convenience and additional security for consumers and retailers alike. As demand for biometric payment options increases, it gives CFIs another opportunity to provide additional services for business customers.
Central banks are working to make CBDCs and stablecoins a reality. From access to transparency and security measures to technology issues, we review the benefits and the challenges that CBDCs pose.
Target is the sixth major retailer to ban checks, due to low usage, high processing costs, and fraud. However, check usage remains a force within certain pockets of the economy.
P2P payments have become increasingly popular, but their most convenient attributes also make them ripe targets for fraud. We discuss tips CFIs can provide customers to avoid becoming victims.
Voice banking, boosted by developments in AI is gaining traction. We discuss the benefits of voice banking and where improvements are needed to increase value for banking customers.
The Federal Reserve has proposed shrinking the regulated interchange cap for debit cards, but banking associations and merchants oppose the change. We summarize each side’s response.
The Federal Reserve is considering keeping its Fedwire® Funds Service (Fedwire) and the National Settlement Service (NSS) running seven days a week, including holidays. We detail the potential benefits and costs.
Faster payments haven't led to more fraud for two CFIs, thanks to effective risk mitigation and FedNow's security features. We highlight their experiences and the security features deterring fraud.
CFIs of all sizes employ various strategies to successfully prevent and detect check fraud. But could another strategy be to go upstream and encourage business customers to adopt digital payments?
Recently, two of our customers were targeted in a fraudulent wire transfer scheme, with one unusual twist — the victims weren’t the CFIs’ customers, but the CFIs themselves. We provide details on how this cyberattack unfolded, as well as tips to protect your CFI from similar threats.
As a growing number of retailers and service providers go cashless, there is a rising need for digital payments for kids — a multi-billion-dollar opportunity that few financial institutions have tried to meet. We discuss the benefits of creating a digital payment option for children under 13 and how to get the word out if you decide to throw your hat in the ring.
For small business customers, waiting for payments can take a while — often at least 30 days. Checks and invoices get lost or go to spam folders and vendors charge fees to transfer funds. Doing more to remove these pain points can help strengthen existing relationships and allow your small business clients to have better cash management. We discuss ways to help small business customers get paid quickly and easily.
The right payment platform can create substantial opportunities for a CFI — and a CFI can use what it learns from finding the right payment platform to help business clients do the same. We discuss the factors a CFI should consider when selecting a payments platform.