Bank of America, Citi, Wells Earnings Point To Uptick In Consumer Card Spend

Bank of America, Citi, Wells Earnings Point To Uptick In Consumer Card Spend
Bank of America, Citi, Wells Earnings Point To Uptick In Consumer Card Spend
October 15, 2020  |  Earnings

Call it silver linings — maybe not yet green shoots. But bank earnings are showing that loan loss reserves were more conservative than needed (at...

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BBVA Participates In Pilot For Instant Payments In Britain
BBVA Participates In Pilot For Instant Payments In Britain
October 15, 2020  |  B2B Payments

BBVA participated in an experimental payment effort to connect the SWIFT gpi with Britain’s countrywide instant payment infrastructure, and the results were shown at the...

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Secret Double Octopus Reports Investment From SC Ventures
Secret Double Octopus Reports Investment From SC Ventures
October 15, 2020  |  B2B Payments

Secret Double Octopus, which works in passwordless authentication for security online, has secured a strategic investment from SC Ventures, the FinTech and investment arm of...

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Finaxar, Visa Partner To Unify Spend Management For SMBs
Finaxar, Visa Partner To Unify Spend Management For SMBs
October 15, 2020  |  B2B Payments

Singaporean FinTech Finaxar has announced the launch of its Flex by Finaxar program, which will work with Visa to help small- to medium-sized businesses (SMBs)...

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Today In Retail News: Automotive Market Continues Comeback, Conversational Commerce Finds Its Voice
Today In Retail News: Automotive Market Continues Comeback, Conversational Commerce Finds Its Voice
October 15, 2020  |  Retail

In a roundup of today’s top retail stories: The automotive market continues its comeback with a digital spin, conversational commerce is the next big pandemic-fueled...

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European Central Bank Chief Lagarde Pledges Boost For EU Economy If COVID-19 Escalates
European Central Bank Chief Lagarde Pledges Boost For EU Economy If COVID-19 Escalates
October 15, 2020  |  Economy

As Europe braces for a dreaded second wave of COVID-19, European Central Bank President Christine Lagarde is pledging to ride to the rescue with a...

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Despite Amazon, Mall-to-Warehouse Conversions Are Losers, Barclays Warns
Despite Amazon, Mall-to-Warehouse Conversions Are Losers, Barclays Warns
October 15, 2020  |  Retail

Mall owners may want to think twice before converting shuttered storefronts into trendy eCommerce warehouse hubs, a new report finds. Get the Full Story Complete...

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DraftKings Cuts Deal With Turner Sports, Bleacher Report
DraftKings Cuts Deal With Turner Sports, Bleacher Report
October 15, 2020  |  Ecosystems

DraftKings, which has been on a deal-making tear, has just inked another big agreement, this one with broadcasting giant Turner Sports, according to a press...

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Report: FBI Cautions Homebuyers To Beware Of Wire Fraud
Report: FBI Cautions Homebuyers To Beware Of Wire Fraud
October 15, 2020  |  Security & Fraud

The FBI is warning homebuyers to be on the lookout for internet criminals who are sneaking into online conversations between buyers and mortgage companies or...

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