Economic news

Jet.com has added a range of improvements including voice-controlled shopping lists, faster delivery turnarounds and customized delivery options including same-day grocery delivery in Manhattan

Digital currencies can outlast bitcoin's volatility because they are more egalitarian than the traditional payment system and offer a better alternative for emerging countries, the cryptocurrency exchange says.

By bringing Prime benefits to the movie industry, through discounts or a MoviePass/subscription-based model, Amazon could entice even more users to its loyalty program, writes Tom Caporaso, CEO of Clarus Commerce.

At a glance, New York regulator's first license to cryptocurrencies appears to be a good sign for other digital currencies. But there's a catch.

Rising tariffs are rapidly increasing the cost of building materials, putting banks at risk.

John Gerspach is scheduled to leave next March after 10 years and be succeeded by Mark Mason; ING will pay nearly $900 million for failing to stop money laundering by clients.

Uber’s latest app update adds a stored-value account that incentivises riders to dive deeper into the Uber ecosystem — and away from their bank or mobile wallet provider.

Minal Hasan, a lawyer turned prominent fintech venture capitalist, has strong views on founder dramas, cryptocurrency, and why banks need to step up their technology game.

The World Wide Web Consortium (W3C) is sending a message to the payments industry that it might not be wise to wait on the card networks to solve the growing problem of mobile and online payments fraud.

As the pressure to monetize data in an omnichannel environment increases, so does the fear of misuse.

The new optimism is fueled by rising standards of living, increases in smartphone usage and cheap data plans that are boosting internet penetration across the nation. Perhaps most important, India is the last big retail market still up for grabs, with an internet economy projected to double to $250 billion by 2020.

Federal Reserve Chairman Jerome Powell said the fundamentals of the U.S. economic expansion look strong and support the case for continued gradual interest rate increases.

Debit push payments proved an essential component of the ride-sharing boom, with many drivers opting to pay a fee for immediate funds throughout the day to cover fuel and other expenses. And the technology is finding fans in other niches as well.

The 100 dismissals in asset management follow job cuts in other divisions; the agency cites the lack of protections against fraud and market manipulation.

During the recent Online Discovery Conference from CUNA Mutual Group, one analyst offered a series of tips for how credit unions can make the most of lending in a changing interest rate environment.

These money transfers offer many transformative benefits, such as lifting recipient families out of poverty, improving health and nutrition conditions, increasing education opportunities and promoting entrepreneurship, says Raj Agrawal, CFO of Western Union.

As director of the Fed's Division of Research and Statistics, David Wilcox is responsible for briefing the Federal Open Market Committee on the outlook for the national economy.

All five are Republicans and they include senior House GOP leaders, contenders to head the Financial Services Committee and strong voices in favor of regulatory relief.

Anand Selva, a longtime Asia hand, will head up U.S. consumer banking; several startups are backed by traditional card issuer veterans, such as former Citi CEO Vikram Pandit.

Talk of a trade war has loomed large for months, but some credit unions may not be feeling the impact yet. Analysts say be patient – you will.