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No wonder Jack Dorsey wants to keep running Square. Dorsey, the payment company's chief executive officer who also just took on the same role at Twitter, is the largest shareholder in Square by a wide margin, with 24.4 percent. The investment firm Khosla Ventures is the second-largest with 17.3 percent, according to Square's registration for an initial public offering filed Oct. 14.
October 16 -
Bank of America's Cathy Bessant contends banks are fintech companies; Citi's Heather Cox says no way are startups ever going to be the 'Uber of banking;' and is Elizabeth Warren a tyrant? Also, don't miss our coverage of the celebration for the Most Powerful Women in Banking and Finance. Maybe someone you know is in the photos.
October 16
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The European mobile point of sale provider payworks plans to expand in the United Kingdom through the hiring of former Verifone executive Frank Landen.
October 15 -
When Square announced its payment processing deal with Starbucks three years ago, accompanied by a $25 million investment from Starbucks, it wasn't clear how the math would benefit the payment processor.
October 15 -
When Netflix announced that its new U.S. subscriber count had declined 10.2% year-over-year, it blamed the "ongoing transition to chip-based credit and debit cards." And the video-streaming company may not be the only victim of this phenomenon.
October 15 -
Wealthy women dont necessarily think they do well managing their own money, according to a new study by Regions Financial.
October 15 -
SunTrust Banks in Atlanta has promoted an executive to oversee its consumer banking and wealth management operations
October 15 -
First Data Corp. raised $2.56 billion in its initial public offering, pricing the shares below the marketed range.
October 15 -
Square, the mobile-payments company founded and led by Twitter Chief Executive Officer Jack Dorsey, filed for an initial public offering.
October 14 - WIB PH
Fun was the operative word at the awards dinner for the Most Powerful Women in Banking and Finance, which took place Oct. 8 at the Waldorf Astoria in New York.
October 14 -
Starbucks Corp. is adding video screens to the drive-thru lanes of 2,400 cafes in the U.S., an attempt to revamp a decades-old ordering system that has become central to how restaurant chains interact with customers.
October 14 -
Payment technology that comes with the EMV stamp of approval already in place may get a boost as a result of the bottleneck newer systems face in getting certified.
October 14 -
Valley National Bank in Wayne, N.J., has named Bernadette Mueller senior Community Reinvestment Act officer.
October 9 -
When Apple revealed that Starbucks plans to accept Apple Pay in its U.S. stores, the move spoke less to Apple's persuasiveness and more to the fallout of the country's ongoing shift to EMV security.
October 9 -
It was a celebration more than anything else, but the honorees at American Banker's annual Most Powerful Women in Banking and Finance dinner Thursday had plenty to say on themes that are sure to resonate.
October 9 -
Pat Callahan received high marks for her handling of the Wachovia acquisition the largest in banking history but it was her influence on Wells Fargo's diversity policies and sustainability practices that stand as perhaps the greatest achievement of her 38-year career.
October 9 -
Apple Inc. is rolling out its mobile-payments service for select Starbucks Corp. stores by the end of the year, and will reach 7,500 company-owned stores in 2016, the coffee chain said in a statement. KFC stores and Chilis Grill & Bar will make Apple Pay available in next year as well, Jennifer Bailey, the Apple vice president in charge of the service, said at the Code/Mobile conference Oct. 8.
October 9 -
Buyers of securitized loans sue Lynn Tilton, the Pittsburgh Home Loan bank's Kristina Williams advises women executives on leveling the playing field, ex-Ally Bank chief Barbara Yastine joins a wealth management firm and Google's Ruth Porat warns about the economic threat posed by mounting student loan debt.
October 8
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Fifth Third Bank has formed a partnership with cloud-based payment and digital banking provider Bottomline Technologies to provide electronic payment services to the banks business customers.
October 8 -
The success of any organization depends on its ability to foster an environment that is open and inclusive, allowing diverse individuals to share insights and experiences that make the company stronger.
October 8







