Wells Fargo Launches Mobile RDC NationwideNovember 28, 2012After a soft launch in select states over the summer, Wells Fargo announced today that it is launching its Wells Fargo Mobile Deposit service nationwide.
France's Rating Downgrade a Warning for BanksNovember 20, 2012French banks were reminded of
risks to their own growth and credit ratings when Moody's
stripped France of its triple-A badge because of an uncertain
fiscal and economic outlook.
JPMorgan Names Retail Finance Executive Lake as New CFONovember 19, 2012JPMorgan Chase & Co named
little-known executive Marianne Lake as its chief financial
officer on Monday, making her one of the most powerful women on
Wall Street and the top ambassador to investors for the largest
U.S. bank.
Guitar Center Accepts PayPal In-StoreNovember 19, 2012National musical instruments retailer Guitar Center is now offering PayPal mobile and card payments at the point-of-sale.
Obama Presses Case on 'Fiscal Cliff' With Dimon, BuffettNovember 18, 2012President Barack Obama's
intensive lobbying to avert big year-end tax hikes and spending
cuts resumed over the weekend as he spoke with senior corporate
chieftains, including JPMorgan Chase's Jamie Dimon and legendary
investor Warren Buffett.
Unresolved Issues Swirl Around Securing Mobile PaymentsNovember 16, 2012While many mobile payments startups are using both traditional and nontraditional authentication methods, regulatory uncertainty still exists around liability for fraud attacks on customers using mobile payments.
Breaking Up Big Banks Still Not the Answer, Says FedNovember 15, 2012There remains much work to fix
the "too big to fail" bank problem, but breaking up big
financial institutions is still not the answer, an influential
U.S. Federal Reserve official said on Thursday.
Canada Libor Investigators Escalate Dispute with RBSNovember 14, 2012The Canadian agency investigating
whether banks manipulated a key global interest rates accused
Royal Bank of Scotland Group on Wednesday of failing to
cooperate with its probe and of making misleading statements
about it.
Job Cuts, Regulation Push Bankers Toward Hedge FundsNovember 14, 2012The hedge fund industry is
expected to see a wave of new launches in the next year by
traders who have lost their jobs at investment banks or who have
left in search of better pay.
Europe Seeks to Break Logjam Over Regime to Control BanksNovember 13, 2012EU finance ministers sought on
Tuesday to break an impasse over a new regime to supervise
banks, but with much of the plan contested, the European Union
risks seeing this centrepiece reform unravel.
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.
