September 25, 2018
Via: Banking TechnologyCNN Money reports that CEO Tim Sloan said on Thursday that the bank plans to cut 5% to 10% of its 265,000-person workforce, reflecting both layoffs and attrition. The chief cited “changing customer preferences,” including the wide adoption of digital […]
August 30, 2018
Via: Banking TechnologyCNBC says it exclusively obtained a memo which reveals the news. To its credit, CNBC got in first and explains the bank recruited Apoorv Saxena, Google’s head of product management for cloud-based (AI). He worked at Google for six years. […]
August 22, 2018
Via: Banking TechnologyGermany’s foreign minister Heiko Maas is calling for the creation of a new payments system independent of the US to keep the Iran nuclear deal afloat. “It’s essential that we strengthen European autonomy by establishing payment channels that are independent […]
May 25, 2018
Via: Banking TechnologyBill Ready, COO and EVP, PayPal, says it already partners with Google for its shared users to pay via PayPal in-store, online and in-app with Google Pay and on Chrome mobile web. They are now extending that partnership to offer […]
May 11, 2018
Via: Banking TechnologyThe WSJ cited people with knowledge of the process, and says the move comes as Goldman continues to make a push into consumer banking activities such as deposit-taking and personal loans. In a major blow to Barclays, the WSJ says […]
July 5, 2016
Via: Banking TechnologyWirecard has reached a definitive agreement to acquire Citi Prepaid Card Services – giving it an expansion into North America. The firm says Citi Prepaid card services have launched over 2,500 client programmes, associated with global companies and brands, but […]