Screen scraping is experiencing increased scrutiny from regulators and competition from API-based solutions. The practice may finally be on its way out.
But what would an API-based data sharing environment look like? How will the transition away screen scraping occur and would it be fair to all institutions?
Money laundering in the US makes up 15% to 35% of all money laundering in the world.
Spending more time investigating financial crimes comes at a cost, yet most organizations are reporting increased timeframes. The criminals however are getting faster meanwhile.
The Venmo Teen Account is wired into the existing Venmo account of parents to keep parents in charge.
The custodial account also offers personalized Mastercard debit cards for its younger customers to encourage smart spending decisions from an early age.
With RTP moving in, the choice of which payment rails to use and their cost/revenue profile matter even more.
TabaPay's Tim Astanov joins us on the podcast to discuss payment trends, more and better choices, and how he sees monetization efforts around RTP shaping up.