Tyfone’s Digital Banking Blog
From press releases to in-depth interviews with community financial industry experts and everything digital banking – check out our blog posts from your friends at Tyfone.
Featured Article
Follow These 6 Steps Before Implementing Fednow
Fintech has recently been experiencing a period of transformation with the arrival of the FedNow Service. For financial institutions, integrating the FedNow Service isn't merely a choice; it's becoming more and more of a mandatory strategic move to maintain relevance in a market that never stops evolving. Since its launch in July 2023, the FedNow Service has rapidly expanded its reach. Initially launched with 35 financial institutions on the instant payments network, the number has [...]
Featured Article
Follow These 6 Steps Before Implementing Fednow
Fintech has recently been experiencing a period of transformation with the arrival of the FedNow Service. For financial institutions, integrating the FedNow Service isn't merely a choice; it's becoming more and more of a mandatory strategic move to maintain relevance in a market that never stops evolving. Since its launch [...]
More Articles
The Benefits of the FedNow Service for Community Banks and Credit Unions
FREE WHITEPAPER Explore how the FedNow service can transform the U.S. payment system, improving financial inclusion, and the importance of community banks and credit unions adopting this real-time payment solution. The Whitepaper Explores Insights into how FedNow can revolutionize the U.S. payment [...]
Buzzwords 101: Decentralized Finance
As the definition above implies, DeFi is not necessarily the friend of community financial institutions. In its purest form, it seeks to completely eliminate the need for traditional FIs in much the same way that Travelocity, Expedia, et al, eliminated the need for travel agents. To that end, it’s [...]
Buzzwords 101: Cryptocurrency
Before we get into what cryptocurrency is, it’s important to clarify what cryptocurrency isn’t. Specifically, cryptocurrency is not blockchain. The two are connected at the hip, but you can’t use these terms interchangeably. Simply stated, blockchain is a technology and cryptocurrency is an application built on that technology. You [...]
Buzzwords 101: Distributed Ledger Technology
To understand distributed ledger technology, or DLT for short, you first need to understand the difference between blockchain and cryptocurrency. It’s easy to conflate these two, so let’s be very clear. Blockchain is a technology platform on which various applications can be built. Cryptocurrency is one type – but not the [...]
Buzzwords 101: Banking as a Service
This may seem like a simple enough definition. However, within its confines lies two completely opposite business models. Exactly how you describe BaaS beyond this definition depends on who is supplying the digital services and who is deploying those digital services. Confused yet. Don’t worry. That’s why we’re here. [...]
Buzzwords 101: Open Banking
Do you remember about 20 years ago or so when account aggregation first became a thing? Various companies, known as account aggregators, allowed consumers to view their accounts from multiple institutions on a single screen. The process by which these aggregators collected all this data did have its shortcomings. [...]
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Neural Payments P2P Overview
Thursday, June 9, 2022 11 - 11:30AM PST WATCH THE RECORDING NOW! Value prop: Users of the Neural Payments P2P solution will now be able to send money anywhere, anytime via a seamless [...]
