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Walmart has entered the mobile payments industry, announcing in December that it was introducing Walmart Pay, an upgrade to Walmarts existing app that will allow in-store shoppers to pay with their smartphones at checkout.
January 6
Clarus Commerce -
New patents provide a glimpse into how Apple Inc. plans to personalize the payments experience by harnessing Apples iMessage channel, bringing it in line with message-based P2P services from Venmo, Facebook, Google and others.
January 6 -
Consumer credit is better than ever before, even as Americans households have started levering up. But the big question for banks looking to re-commit to consumer lending is how.
January 5 -
Banking industry officials hailed changes Tuesday to a Financial Accounting Standards Board rule that they have long complained unfairly distorts banks' quarterly earnings.
January 5 -
Ally Financial in Detroit has received a demand from an activist investor to explore strategic alternatives, including a possible sale of the company. The activist is also seeking two board seats.
January 5 -
In a speech in New York City, Sanders vowed to remove the ability of the Federal Reserve to pay interest to banks for their excess reserves, turn the credit rating agencies into nonprofits, allow the U.S. Postal Service to offer bank products, and cap ATM fees and interest rates for loans.
January 5 -
MasterCard is unveiling an app that takes the Internet of Things to its logical extreme, stopping only one step short of becoming Star Trek's instant food replicator.
January 5 -
Lafayette Federal Credit Union, Kensington, Md., on Tuesday said it completed the acquisition of $77 million CSC Employees Federal Credit Union of Falls Church, Va., which will continue as a division of LFCU.
January 5 -
From the bitcoin money laundering scheme that brought down a credit union to bankers threatening lawsuits over proposed changes to field of membership, Credit Union Journal presents the most popular stories of 2015.
January 5
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The Financial Stability Oversight Council will face critical tests in 2016, including a lawsuit over its designation of MetLife as a systemically important nonbank and whether it will de-designate GE as a SIFI.
January 5
