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Other countries have already lowered interest rates below zero, and the financial stability concerns of such a policy taking shape in the U.S. should not be dismissed.
February 11
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Royal Bank of Scotland Group hired the head of Asia wealth management at JPMorgan Chase to lead its private-banking businesses, as Michael Morley steps down.
February 11 -
Two female executives earn recognition, a state legislator is honored and other CU professionals in the news.
February 11
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The cloud and Internet of Things may excite the payments and technology industries, but they are a source of mounting pressure for in-house data security professionals.
February 11 -
Electronic payment automation delivers significant time and cost savings and can actually turn accounts payable into a profit center through card rebates.
February 11
Nvoicepay -
Most consumers, when dining, still enjoy the simplicity of dropping cash on the table than using something newer, like an EMV card or a mobile wallet, even when those payment forms are becoming more commonplace in other stores.
February 11 -
Frandsen Financial took the industry's plan to allow faster payments as a call to action. It invested in automation software, which allowed employees previously bogged down with manual tasks to focus on more meaningful duties.
February 10 -
Rather than replace aging servers and add an on-site backup system, The Eastern Colorado Bank moved its IT infrastructure to the cloud. While some bankers fear outsourcing such systems, the community bank has had a hosted core for several years.
February 10 -
The $2 billion-asset Hampton Roads said in a press release Wednesday that it will pay $107.2 million in stock for the $1 billion-asset Xenith.
February 10 -
KeyCorp hit fresh political resistance in New York to its $4.1 billion acquisition of First Niagara Financial Group Inc., with Governor Andrew Cuomo pushing federal regulators on Wednesday to block the deal. Shares of both companies fell.
February 10
