Hatim A. Tyabji of Verifone Inc. has resigned from the board of
Verifone was one of the early investors in Cybercash and has a strategic
Verifone, best known as the leading maker of point-of-sale transaction
While many of the companies' efforts remain complementary, Reston, Va.-
"Cybercash and Verifone will continue to explore possible joint
Mr. Tyabji's board seat will be taken by Garen K. Staglin, chairman and
Mr. Melton said Mr. Staglin's "experience with rapidly growing companies
Strong consumer spending and cross-border activity drove an 8% increase in Visa's total payments volume during the first quarter of the year, although Asia's economic recovery is taking longer than expected.
Mastercard launches service to fight instant-payment fraud, EU may green-light Apple's NFC-access plan, and more.
The top five banks and thrifts had combined assets of more than $13 trillion as of December 31, 2023.
The JPMorgan Chase CEO took aim Tuesday at the proposed Basel III endgame rules, hindrances to mergers and bureaucratic burdens. "I would love to have a more productive relationship with regulators, but I think it takes conversation," Dimon said.
Many legal experts think the Supreme Court will rule in favor of the Consumer Financial Protection Bureau in a case challenging its funding. Such a ruling would unleash a flurry of litigation that has been on hold pending the outcome of the constitutional challenge.
Lawmakers including one of the original sponsors of the Corporate Transparency Act have filed an amicus brief in the appeal against an Alabama court ruling that the law is unconstitutional, which would throw into question Treasury's newly-established beneficial ownership structure.
