Technology

Sterling in New York creates group to bank technology companies

11/25/19

The company hired two bankers from CIBC to lead the newly formed group.

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Amex sweetens pot for merchants; Trump, Powell meeting raises questions

11/19/19

The company is reportedly paying bonuses to get retailers to accept its cards; both sides offer different take of rare get-together.

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Goldman may change its focus; Credit Suisse revamps investment bank team

11/12/19

Goldman may abandon its revenue goal; in an attempt to boost revenue, Credit Suisse picks new leaders for its investment banking and capital markets unit.

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Ruling cuts short debt collectors’ victory lap over CFPB proposal

10/07/19

The industry had welcomed the Consumer Financial Protection Bureau plan allowing debt collectors to use electronic communication, but some worry about the effect of a court decision concerning email correspondence.

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Libra members ready to bail?; report predicts big job cuts at banks

10/02/19

Facebook calls an emergency meeting about its planned payments network; Well Fargo report says 200,000 jobs will be lost to robots and technology.

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JPM prepping for zero rates; N.J. to pressure banks on guns

09/11/19

Dimon doesn’t expect it to happen, but the bank is getting ready just in case; the state will require banks to disclose their relationship with gun sellers.

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U.S. ATM inventor celebrates its 50th anniversary

09/09/19

Donald Wetzel, the man who devised the first U.S. cash dispenser, says automated tellers will always exist — even as they evolve beyond their initial purpose.

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Bankers set to deliver weak guidance; Tech funds looks to payment firms

09/09/19

The six biggest banks are expected to issue disappointing forecasts as rates continue to decline; technology stock mutual funds scored with payment plays.

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Deutsche, UBS discussed alliance; battle over regulation continues

08/26/19

The banks considered an “unusual” investment banking merger; Volcker rule win will be followed by fights on capital rules, liquidity and stress tests.

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USAA walks the diversity talk with latest tech hires

08/12/19

The San Antonio company named Judith Frey vice president of digital banking, Maria Alvarez Mann chief information officer for bank technology and Carri Arnold bank technology officer.

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