Deutsche Bank To Overhaul Trading Operations
Deutsche Bank To Overhaul Trading Operations
June 17, 2019  |  Banking

Deutsche Bank has announced that as part of a complete overhaul of its trading operations it’s creating a non-core asset unit, or “bad bank,” to...

READ MORE >
PayPal, Google Give OCC’s Bank Charter The Cold Shoulder
PayPal, Google Give OCC’s Bank Charter The Cold Shoulder
June 17, 2019  |  B2B Payments

The dispute over the Office of the Comptroller of the Currency‘s (OCC’s) national bank charter, which became available to FinTech firms last year, has reportedly...

READ MORE >
Regulators Call For Better Bank Cybersecurity Oversight
Regulators Call For Better Bank Cybersecurity Oversight
June 17, 2019  |  Regulation

U.S. regulators are saying cyberattacks pose the greatest risk to U.S. banks in upcoming years, but the regulation and testing processes are convoluted and complicated...

READ MORE >
Amex Card Delinquencies Flat In May
Amex Card Delinquencies Flat In May
June 17, 2019  |  Payment Methods

American Express said its May card delinquency rate was unchanged from April, according to reports. The rate held steady at 1.4 percent. Net write-offs, however,...

READ MORE >
JPMC Lowers Apple Stock Target, iPhone Shipping Estimates
JPMC Lowers Apple Stock Target, iPhone Shipping Estimates
June 17, 2019  |  Apple

JPMorgan lowered its target for Apple Stock from $235 down to $233, and gave it an overweight rating, according to reports. It also lowered shipping...

READ MORE >
Connected Vehicle Ecosystem Finds Fresh Fuel In Logistics
Connected Vehicle Ecosystem Finds Fresh Fuel In Logistics
June 17, 2019  |  Delivery

The path to the connected vehicle future — the payments, commerce and logistical ecosystem that is developing from that technology — is not a straight, single...

READ MORE >
EU ATM Thefts Raise Europol Red Flags
EU ATM Thefts Raise Europol Red Flags
June 17, 2019  |  Security & Fraud

Europol, the European Union police organization, is calling for increased security and vigilance in response to a string of attacks on ATMs throughout the continent,...

READ MORE >
Bottomline Teams With Starling Bank On Real-Time Payments
Bottomline Teams With Starling Bank On Real-Time Payments
June 17, 2019  |  Faster Payments

In a new partnership, Bottomline Technologies is teaming up with Starling Bank on a Real Time Payments Express Service. The offering will enable corporates and...

READ MORE >
Apple Plans Three iPhones For 2020, Two With 5G
Apple Plans Three iPhones For 2020, Two With 5G
June 17, 2019  |  Apple

Apple is planning on launching three iPhones in 2020, two of which will be 5G compatible, according to a report by CNBC. Get the Full...

READ MORE >