MasterCard Pushes Contactless Payments in the Middle EastOctober 19, 2012MasterCard announced that it will soon install more than 1,000 terminals at merchants in the United Arab Emirates for its PayPass contactless cards initiative.
What Banks Need to Know About the CloudOctober 18, 2012The industry group Cloud Security Alliance offers resources for financial institutions looking to utilize cloud services.
Isis Set to Debut in OctoberOctober 18, 2012The mobile wallet, a joint venture between T-Mobile USA, Veirzon Wireless and AT&T, will use NFC technology.
Citi Rushes to Replace Corbat in EMEA Top JobOctober 17, 2012Citigroup's new boss Mike
Corbat is rushing to plug the gap he left at the helm of the
U.S. bank's European business, a major hub for investment
banking income but which still lags other regions by revenue.
What's Behind Pandit's Resignation from Citigroup?October 16, 2012Conflicts with Citigroup's board may have spurred the unexpected resignations of CEO Vikram Pandit and president/COO John P. Havens; Michael Corbat promoted from Citigroup's CEO of EMEA to CEO and director of Board.
Corporate Treasurers Expect Multi-Channel Banking, Study FindsOctober 16, 2012New research released by Fundtech shows a growing demand from treasurers for the kind of consistent multi-channel banking experience that consumers are already demanding.
Umpqua Bank Selects ACH Alert Fraud Protection ServiceOctober 16, 2012ACH Alert’s fraud protection service, called A.L.E.R.T, provides banks with fraud detection services and helps to mitigate risks associated with electronic payments.
Mobile Payments, Debit Usage on the RiseOctober 12, 2012The World Payments Report 2012 examines the latest developments in the global payments landscape, including payments volume trends, payment instruments and key regulatory initiatives.
Big Banks Should be Smaller, Says Fed's BullardOctober 11, 2012Big U.S. banks should become
smaller to make any failure more manageable, a senior Federal
Reserve official said on Thursday, supporting a suggestion that
the size of banks be limited to a specific percentage of U.S.
gross domestic product.
Japan's Softbank in Talks for $12.8 Billion Sprint StakeOctober 11, 2012Softbank Corp, Japan's
third-largest mobile carrier, is in talks to buy a majority
stake in U.S. operator Sprint Nextel Corp for more than 1
trillion yen ($12.8 billion), said a source with direct
knowledge of the matter, as it seeks to expand overseas.
Business Groups Sue SEC Over Dodd-Frank Anti-Bribery RuleOctober 10, 2012Four business groups on
Wednesday filed a lawsuit against the U.S. Securities and
Exchange Commission's new rule requiring oil, mining and gas
companies to disclose payments they make to foreign governments.
