At the recent SAS Financial Services Executive Summit, bankers gained insights into how to address the challenge of aligning technology and business in the age of big data analytics.
After PayPal launched a program last week offering free transaction processing for merchants who switch to its point of sale card reader, Square hit back yesterday by announcing it will be offering a P2P payments service via email.
Bank Systems & Technology got an early exclusive look at a report to be released tomorrow by Celent that highlights the difficulties many financial institutions are facing in moving towards a data-driven business model.
Bank Systems & Technology got an early exclusive look at a report to be released tomorrow by Celent that highlights the difficulties many financial institutions are facing in moving towards a data-driven business model.
Bank Systems & Technology got an early exclusive look at a report to be released tomorrow by Celent that highlights the difficulties many financial institutions are facing in moving towards a data-driven business model.
U.K. Finance Bonuses to Plummet as London Loses GroundNovember 12, 2012Bonuses for 2012 in London's
financial sector will more than halve to 1.6 billion pounds
($2.5 billion) in total, a study found, and some shareholders
are urging banks to cut pay even more.
RIM to Introduce New BlackBerry 10 Devices on Jan. 30November 12, 2012Research In Motion Ltd
plans to introduce its new line of BlackBerry 10 smartphones on
Jan. 30, the company said on Monday, giving investors a measure
of confidence that the long-awaited devices are nearing
completion.
New Mobile Payments Platform for EMV CardsNovember 09, 2012VeriFone's SAIL EMV payments platform offers a solution that plugs into tablets and smartphones for accepting chip-and-pin payments.
Square Wallet Now Accepted at StarbucksNovember 08, 2012After the partnership between Square and Starbucks last summer, Starbucks customers can now pay for their coffee in-store with the Square Wallet.
PNC Names New Head of Operations and TechnologyNovember 07, 2012PNC names new head of operations and technology; seasoned financial services IT executive Steven Van Wyk leaves ING to replace Vice Chairman Thomas Whitford, who is retiring.
MasterCard and ING Launch EMV Internet Payments TrialNovember 07, 2012The solution being tested in the trial supports two scenarios: Consumers shopping and paying on a phone; and shopping on a PC or tablet, and then completing the payment step on their phone.
Election Gamble Backfires for Banks, Energy FirmsNovember 07, 2012Some urgent bridge-building will be required in the coming
days if they are to influence financial regulation and energy
policy over the next four years
Women Challenge Central Banking Men's ClubNovember 05, 2012When the European Parliament
turned Yves Mersch down for a top central banking post, it
wasn't because he lacked the expertise or experience; they
rejected him because he is a man.
Citi, Chase Among Banks That Must Hold Most Extra Capital, Regulators SayNovember 01, 2012Citigroup Inc, Deutsche Bank
, HSBC and JPMorgan Chase & Co will
need to hold the most extra capital of 28 banks considered so
large and complex they need an extra buffer to absorb potential
losses, global regulators said on Thursday.
Banks Recovering From Sandy AftermathOctober 31, 2012Major U.S. banks said on Wednesday they
had reopened more than half of the branches that were closed as
Hurricane Sandy battered the U.S. East Coast earlier this week.
U.S. Stock Markets Consider Opening on WednesdayOctober 30, 2012U.S. stock exchanges are looking at opening on Wednesday after monster storm Sandy receded from New York, sources said, and the New York Stock Exchange is testing a
new plan to help resume trading.
Hurricane Sandy Disrupts Northeast U.S. Telecom NetworksOctober 30, 2012Power outages and flooding
caused by Hurricane Sandy disrupted telecommunications services
on Tuesday and coverage was spotty for everything from
cellphones and home telephones to Internet services in
Northeastern states.
