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It's hard to sell a big bank something regardless of the tech company's size. But for early-stage startups with only a handful of employees and a product still under development, the challenge is far greater than for seasoned tech vendors.
October 3
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Independent ATM operator Cardtronics plc is expanding to Australia and New Zealand with the purchase of Canadas DirectCash Payments Inc., which operates ATMs in several regions.
October 3 -
Meta Financial in Sioux Falls, S.D., has agreed to buy most of the assets and liabilities for a company that handles transactions for tax preparers.
October 3 -
A Morgan Stanley unit was accused by Massachusetts officials of forcing its financial advisers into high-pressure sales contests to cross-sell so-called securities-based loans and other products to clients.
October 3 -
Facebook officially launched Marketplace today to make it easier for its users to buy and sell stuff with others near them. But for the time being, Facebook is keeping the payments aspect of this project at arm's length.
October 3 - Illinois
Chicago Treasurer Kurt Summers plans to divest $25 million the city has invested with Wells Fargo after the company admitted to opening potentially millions of bogus client accounts, joining state officials who have pulled business from the bank because of the scandal.
October 3 -
Marcus Rhymer, a 15-year veteran of the credit union, takes over for retiring CEO Brad Rustin.
October 3
