Wells Fargo’s Q3 Beats On Revenues, Falls Short On Earnings
Wells Fargo’s Q3 Beats On Revenues, Falls Short On Earnings
October 12, 2018  |  Earnings

As Wells Fargo seeks to cut costs while retooling its business for the age of digital banking, the company reported slightly better than expected revenues,...

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Patisserie Valerie Finance Director Arrested Amid Accounting Probe
Patisserie Valerie Finance Director Arrested Amid Accounting Probe
October 12, 2018  |  B2B Payments

The chief financial officer of U.K. café chain Patisserie Valerie has been arrested after the company revealed “significant, and potentially fraudulent, accounting irregularities,” according to...

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JPMorgan Reports Growth In Card Spend, Mobile Users
JPMorgan Reports Growth In Card Spend, Mobile Users
October 12, 2018  |  Earnings

JPMorgan posted results on Friday (Oct. 12) that beat the Street on headline numbers – top and bottom – based on traction in consumer spending,...

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Citigroup Beats Earnings Expectations, But Misses On Revenue
Citigroup Beats Earnings Expectations, But Misses On Revenue
October 12, 2018  |  Earnings

It was a better than expected showing when Citibank reported, with earnings coming in stronger than anticipated, buttressed by a lower corporate tax rate. Get...

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Amazon Could Be Coming For Brazil’s Pharmacy Market
Amazon Could Be Coming For Brazil’s Pharmacy Market
October 12, 2018  |  Amazon

Following Amazon’s acquisition of PillPack in June, Morgan Stanley Analyst Javier Martinez noted that the eCommerce retailer could take on the drugstore market in Brazil. Such...

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Gary Cohn Will Become An Adviser To Spring Labs
Gary Cohn Will Become An Adviser To Spring Labs
October 12, 2018  |  Blockchain

After leaving the Trump administration in March, former White House Economic Adviser Gary Cohn will serve in an advisory role for Spring Labs. The startup...

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Today In Data: Digital Banking Cybersecurity
Today In Data: Digital Banking Cybersecurity
October 12, 2018  |  Today In Data

With new risks come new solutions, and banks are taking this approach to data security: They are adopting technologies such as biometric authentication to protect sensitive information....

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CVS Rolls Out Support For Apple Pay
CVS Rolls Out Support For Apple Pay
October 12, 2018  |  Retail

Months after Apple CEO Tim Cook said CVS would be accepting Apple Pay, the retailer has brought support for the mobile wallet to stores across...

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Retail Pulse: FAO Schwarz To Open New Flagship; Amazon Expands Grocery Delivery
Retail Pulse: FAO Schwarz To Open New Flagship; Amazon Expands Grocery Delivery
October 12, 2018  |  Retail

Brick-and-mortar retailers have closed flagship locations in recent times, but sometimes these landmark stores make a comeback. News this week surfaced that FAO Schwarz is...

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