Wal-Mart and Target are among a group of about two dozen retailers that have banded together to develop a mobile wallet, the Wall Street Journal reports (
The merchants find the current offerings, such as Google Wallet and the telecommunication carrier-controlled Isis, wanting. Among other reasons, “they are concerned about potential security and privacy risks in the existing services.”
Ultrawealthy clients looking to reduce taxable estates might consider spousal lifetime access trusts, but too-similar dual trusts can backfire.
The GOP senator's push comes as UBS continues withholding records tied to predecessor Credit Suisse's World War II-era dealings.
CEO Enrique Lores acknowledged interest in the payment company, saying that while PayPal remains focused on its revenue-generating plan, it is "open and objective" about the path forward.
Heading into this week's Federal Open Market Committee meeting, the Fed's core indicators are painting a different picture of the economy than real-time measures, injecting more uncertainty into Wednesday's FOMC meeting than usual.
Research from Cerulli Associates indicates that marketing and referrals are the best ways to bring in new clients. Yet few firms devote much time or money to either.
The parent company behind Flex Rent submitted applications to state and federal regulators for an industrial loan charter and deposit insurance.
