March 18, 2014
Inside Chase Merchant Services
I had the chance to visit with Mike Passilla recently to get the scoop on the Chase Merchant Services (CMS) Group he leads at Chase and the value it delivers...
March 17, 2014
Image-Capture Tech Competition Picks Up
USAA Federal Credit Union and Mitek Systems Inc. have a long-running patent dispute over the use of mobile image-capture technology. But that’s not keeping competitors from entering the space. Earlier...
March 17, 2014
Bitcoin Tracker: March 14
Bitcoin Tracker | Week 15 What’s the difference between pork bellies and bitcoins? Nothing, says Goldman Sachs. They pooh-pooh the notion of bitcoin as currency and instead classify it as...
March 17, 2014
Millennials Say ‘Meh’ to Banks
Uh oh. More bad news for the banks. And this time it doesn’t come from the regulators. The source of bad news is the Millennial generation who have given traditional...
March 17, 2014
Mike Passilla Chase Merchant Services Speaks with Karen Webster CEO...
I had the chance to visit with Mike Passilla recently to get the scoop on the Chase Merchant Services (CMS) Group he leads at Chase and the value it delivers...
March 11, 2014
Westpac Testing Google Glass, iBeacon
New Zealand’s Westpac says is working on a new banking app for Google Glass. The app will allow users to check their account balance while on the go and without...
March 11, 2014
Elizabeth Warren Pushes Post Office Banking
U.S. Sen. Elizabeth Warren (D-Mass.) has voiced support for a new public-banking program to be administered by the U.S. Postal Service (USPS). “If the Postal Service offered basic banking services...
March 10, 2014
Inside MasterCard’s C-SAM Acquisition
MasterCard today took a strong move to push out mobile-wallet technology faster globally, including its own MasterPass digital service, with the announced planned acquisition of long-time partner C-SAM, whose platform...
March 10, 2014
The Banks And Prepaid – Round 2
At the risk of stepping into a hornet’s nest, I’m following up my first commentary on JPMorgan Chase & Co.’s commercial prepaid exit with another related article. This time it is prompted...
With nearly half of CU executives saying a lack of resources prevent them from bringing innovations to market, CUs are stuck piloting the digital innovations their members crave — and are willing to switch FIs for. The rise of strategic mergers is a way that some CUs are exploring to pool resources, innovate and drive scale. Read more in the “Credit Union Tracker®,” a collaboration with PSCU.
