Schwab Advisor Services

Payments

Oracle | September 25, 2023

Oracle enhances banking cloud services for real-time cash management and transactions. New services optimize working capital and the customer experience. Oracle's comprehensive cloud suite offers ready-to-deploy APIs for agile banking. Read More

Payments, Fintech

PRnewswire | May 16, 2023

Jack Henry™ (Nasdaq: JKHY) announced today that it is operationally ready to support the launch of the Federal Reserve's real-time payments network, the FedNowSM Service. Jack Henry has actively participated in the development of the newest network, expected to launch in July 2023. More than 20 Jack Henry clients will participate in the supporting pilot and early adopter program. FedNow is an instant payments network that moves funds directly and immediately between fi...

Core Banking, Fintech

CSI | February 09, 2023

Computer Services, Inc. (CSI) informed on February 8, 2023, that it helped ECHO Health, Inc. and MOCA Financial, Inc. form relationships with financial institutions to launch banking-as-a-service (BaaS) and payments initiatives by providing a comprehensive suite of prebuilt open APIs. CSI's state-of-the-art API allows for easy, secure, and audited access to a wide range of products, including but not limited to account opening, deposits, savings, payments, cards, identity ve...

Payments

Finastra | September 20, 2023

Finastra's new solution merges real-time sanctions screening and AI-powered anti-money laundering for FedNow in the US and TIPS in Europe. Initiatives are underway to integrate Finastra Compliance as a Service with Finastra Global PAYplus soon. This comprehensive solution automates compliance for US and European banks by l...