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.
BofA Looks to Play Catch-Up in Asia Corporate BankingMarch 08, 2013Bank of America Corp
will seek more lending and cash management business with
companies in Asia and elsewhere outside its U.S. home turf,
Chief Executive Brian Moynihan said, an area ripe for expansion
where it lags its big rivals.
Russian Central Banker Slams Vast Criminal Cash ExportsFebruary 20, 2013Russia's central bank chief said
nearly $50 billion, or 2.5 percent of the national income, had
been sent abroad illegally in 2012, much of it controlled by a
single group of people - whom he did not identify.
China Will Be No. 1 M-Payment Market By 2015April 25, 2012A report from consulting firm Kapronasia indicates that the Chinese mobile payments market will be worth more than $80 billion.
Demand for International Trading BoomsJune 27, 2006According to TowerGroup's Peter Delano, who spoke at last week's SIA Conference in New York, the demand for trading solutions that specifically facilitate international trading will continue to grow.