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By making it easier and safer to share data with third parties, Wells Fargo's Brett Pitts says he is strengthening the bank's relationships with customers.
June 7
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The vast majority of financial services executives surveyed by Cognizant predict open systems like bitcoin will gain greater prominence over the next five years — slightly more than said the same for private blockchains.
June 7
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Amazon customers in Japan can now charge purchases to their mobile phone bill through a new deal with Bango.
June 7 -
Audi is the latest to adopt a built-in service through a deal with Parkopedia, a London-based provider of dashboard services, to locate and pay for parking spots.
June 7
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The legal marijuana market has had difficulty establishing banking relationships, given the disparities in local and federal regulation of cannabis sales. SinglePoint Inc. is developing a bitcoin-based option to address this concern.
June 7
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Merchants increasingly sing the praises of analyzing customer payment data to learn more about spending habits and deliver customized offers through mobile devices. American Express is kicking off a project to do the same with corporate travel data.
June 7
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Spain's largest bank to pay a little over a dollar to save troubled domestic rival Banco Popular; House finance committee says CFPB director dragged his feet on Wells phony accounts scandal.
June 7
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Regulatory moves to reduce paper money often have confusing, and even dangerous results, writes Eric Grover, a principal at Intrepid Ventures.
June 7
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In a partnership designed to protect online customers from attacks, digital security providers ThreatMetrix and Gemalto will provide holistic authentication options to an array of financial services providers.
June 6 -
As the gig economy expands, at least some consolidation is inevitable. As a result, companies that already have complex webs of payments, billing cycles and workflows will need a way to merge their systems with those of their acquisition targets.
June 6
