BB&T-SunTrust Faces Daunting Tech Integration After $66 Billion Merger
BB&T will inherit SunTrust Bank’s expansive technology as a result of its $28.2 billion all-stock acquisition of the bank. But the real negotiatio...
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Wells Fargo’s Mobile and Online Banking Outage Affecting Customers Nationwide
Wells Fargo customers nationwide are experiencing technical difficulty accessing the San Francisco-based bank’s online and mobile banking services. As...
Stripe, a $23 Billion Startup, Reckons With Waning Globalization
In 2010, when Patrick Collison founded Stripe Inc. with his younger brother John, he thought the world was headed toward ever-increasing globalization...
In U.S., Even as Banking Sector Falters, Bank Brand Values Rise
U.S. banks accounted for 81 of the 500 most valuable and strongest bank brands around the world on Brand Finance’s Banking 500 2019 list, released thi...
How Customer Expectations Spur Innovation, Partnerships in Cross-Border Payments
For small business owners, freelancers, and gig economy workers, the minute you’re online — you’re global. Jody Perla, managing director at cross-bord...
Consumer Expectation of Brand Trust is on the Rise
One of the tenets of marketing and running a business is building and maintaining trust in your company. That's because if you lose the trust of custo...
Amex and Mastercard Zeroing In on Businesses with New Partnerships
Today American Express and Mastercard launched new offerings geared toward business clients. Amex and digital business payments firm Bill.com announce...
As Amazon’s Alexa and Cloud Grow, Will Voice and Cloud-Based Banking Follow?
E-commerce giant Amazon mentioned its cloud computing platform Amazon Web Services, or AWS, 58 times, its virtual assistant Alexa 25 times, and retail...
Finance Players Bringing Their A-Game to Super Bowl (of Advertising)
The Super Bowl, the only time in the year that people tell you to be quiet because a commercial is on, is upon us. While the Super Bowl is expected to...
Venmo’s Instant Cashout Option to Create Revenue for PayPal in 2019
PayPal finally anticipates monetizing Venmo in 2019, nearly six years after acquiring the P2P service. Venmo's revenue run-rate is over $200 million f...