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Wells Fargo has worked toward achieving gender diversity internally, now it's courting women-owned businesses. Sallie Krawcheck says if organizations wanted to fix the gender pay gap, they could easily. Meanwhile in Silicon Valley, the majors are promising to pay their male and female employees equally, and Accenture finds women on boards are twice as likely to have the right technology experience for a company as their male counterparts.
September 1
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Green Dot Corp. has tapped one of its board members, Mary Dent, to take the helm of its banking unit.
August 31 -
Silicon Valley Bank in Santa Clara, Calif., has hired Laura Izurieta as its chief risk officer. She will lead the company's risk management, corporate compliance and regulatory relations functions and serve on the executive management team.
August 31 -
Ford Motor promoted veteran executive Joy Falotico to lead the Ford Credit lending unit, making her the first woman to run the operation that provides financing to auto buyers and dealers worldwide.
August 30 -
Symbiont, a developer of software for self-executing smart contracts, has hired Wall Street veteran Caitlin Long as president and chairman.
August 30 -
The Best Banks to Work For study is a collaboration between American Banker and the Best Companies Group, which conducts extensive employee surveys and reviews employer reports on benefits and policies.
August 28 -
New Bancorp in New Buffalo, Mich., has hired Shawna Zawada as controller and principal financial officer, days after Russell Dahl resigned as chief financial officer.
August 25 -
Technology can be an excellent tool for solving problems, like the confidence gap in salary negotiations, which one startup is addressing. Research shows bots can fully oust millions of full-time workers from their jobs and Christine Duhaime says women in banking will lose if they don't step up to the opportunity. Also, Maureen Sherry, former Goldman banker Shauna Mei and Sam Polk talk about life after Wall Street.
August 25
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If there is a takeaway from Citigroup's not-quite-stellar rollout of the Costco Anywhere Visa card, it is this: Even in modern times, the transition of large card portfolios from one issuer to another can prove disastrously complex.
August 24 -
Rewards are considered a key driver to get consumers to adopt mobile payments, and Walgreens has tied its loyalty program to Android Pay.
August 23 -
Theres no way to gift-wrap the EMV woes for issuers and retailers around the upcoming holiday sales season.
August 23 -
Acquirers and independent sales organizations have long heard a similar refrain: Adjust to the fast pace of technology or perish.
August 23 -
Citigroup Inc. mistakenly sent e-mails to some active Costco Wholesale Corp. members telling them their wholesale club membership had lapsed and that their cards would be canceled, bringing a fresh headache to the new partnership.
August 22 -
As it charts a long-term digital payment strategy, TSYS has hired Karim Ahmad, a management consultant with a background in financial technology, to be as head of global product and innovation.
August 22 -
This week Minneapolis-based U.S. Bancorp is launching a new consumer account that's designed to appeal to millions of Americans shut out of the mainstream financial system.
August 22 -
The promise of faster EMV technology is a welcome reprieve for many ISOs who have grown weary of listening to merchants gripe about the snail's pace of chip card transactions. That reprieve, however, may not be so quick in coming.
August 22 -
The shifting attitude of Asian consumers such as Chiu is upending the economics of the credit-card industry, and banks like Citigroup Inc., HSBC Holdings Plc and Standard Chartered Plc are taking note. The banks, which increasingly rely on the regions swelling number of affluent people to drive profits, are slashing the number of card products they offer in Asia and focusing instead on getting a smaller range of cards adopted for online payments.
August 19 -
Heather Cox is moving to USAA; female regulators are gaining prominence in the online lending conversation; and asset managers are still fighting sexism at work (but then again, who isnt?).
August 18
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They may seem like a relic from a bygone era, but dial-up terminals have shown surprising staying power in today's payments ecosystem.
August 18 -
Phillips 66 is the third major merchant to come aboard for JPMorgan Chase & Co.s upcoming launch of Chase Payalongside Starbucks and Shell Oiland the byproduct of this deal is an overhaul of the gasoline and convenience retailers existing, relatively bland apps.
August 17



