The $13.7 billion acquisition could have significant implications for swipe-fee revenue and other grocers' in-store branches. It also raises the question of whether the Seattle e-commerce Goliath will soon set its sights on the financial services ... Read full article
Amazon’s new Prime rewards program is the latest way the tech titan is cultivating a loyal use base. To retain and engage customers, banks should follow Amazon’s lead and layer in more value-added services. ... Read full article
Payments professionals have done too little to leverage transformational changes in technology to improve the overall client experience. ... Read full article
The glitch primarily affects payment services, including bill pay and QuickPay, the company’s peer-to-peer service. ... Read full article
The global messaging network Swift and its fintech challenger, Ripple, have been vying for bankers’ hearts and minds for more than a year. Whoever prevails, their latest moves could bring needed change to how international banking is done. ... Read full article
First Data is teaming up with the bank to deepen the pool of knowledge and connections from which startups in the program can benefit. ... Read full article
When Zelle launches, it will not allow users to share information about their payments with other folks in their network. That decision puts the P-to-P service on a different course than Venmo, its fast-growing rival. ... Read full article
The Delaware company is also close to completing a compliance program to address anti-money-laundering and Bank Secrecy Act issues. ... Read full article
The upcoming launch of Zelle gives Chase, B of A, Wells Fargo and other large banks an opportunity to correct their past mistakes. ... Read full article
Direct deposit transactions accounted for 52% of all transactions processed through the speedier system ... Read full article
Strong loan growth was partially offset by rising delinquencies in its flagship credit card business, as well as in student and personal loans. ... Read full article
Most people know that Chapter 7 allows you to wipe out unsecured debt – credit card bills, medical debt and other ... Read full article
