Citigroup will sell its last 41 branches in Texas to BB&T for $122 million as part of a plan to focus on digital banking, American Banker reported on Wednesday (Sept. 3). Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Alibaba’ payments arm Alipay has partnered up with Chinese handset maker Huawei to help consumers have mobile payments literally at their fingertips. The companies are working to create a mobile payments system that uses the fingerprint reader to be built into Huawei’s forthcoming Mate 7...
The World Bank is pushing the G20 nations to increase digitized payments to the world’s 2.5 billion unbanked adults, saying that less cash will mean more economic growth, more financial inclusion and improved empowerment for women. Get the Full Story Complete the form to unlock...
Analysts have put a multi-billion dollar price tag on the move to EMV by issuers in the U.S. Yet, what we have learned from other countries is that the cost of EMV can be reduced sharply by bringing some of the activities associated with EMV...
Consumers lamenting their inability to send gourmet pears to potential paramours along with flowers received some good news Tuesday (Sept. 2). 1-800 Flowers has agreed to acquire gift basket makers Harry&David. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
One of the most troubling lessons from the JPMorgan Chase data breach is that organized cybercrime gangs today are quite good at avoiding the patterns detectable by most security software. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Fan funding is the ability for someone watching some content on, for example, YouTube to click to directly support that video producer. In a deal with Google Wallet, Google’s YouTube is trying to enable such payments within videos, with Google taking a generous cut of...
Apple is investigating reports that a security hole in one of its online services allowed cyberthieves to download nude photos from the iCloud accounts of celebrities, the Wall Street Journal reported on Tuesday (Sept. 2). Get the Full Story Complete the form to unlock this...
It appears that Home Depot may be the large retail victim of a cyberthief gang and its breach—which apparently began as long ago as late April—”could be many times larger than Target, which had 40 million credit and debit cards stolen over a 3-week period,”...
