Mastercard’s Tokenization, and Consumer Choice, Made Digital-First Apple Card Possible
Mastercard’s tokenization technology made the digital-first Apple Card possible, but purely from a technological standpoint, Jorn Lambert, EVP, Digita...
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Santander Targets $1.4 Billion Cost Savings Amid $20 Billion Digitalization Plan
Banco Santander SA pledged to cut €1.2 billion ($1.4 billion) of annual costs and ramp up investment in digital and its prized Brazilian business as t...
Capital One Treasury Head: AI and ML Driving Customer Experience Improvements
Phil Beck, Head of Treasury Management at Capital One, is almost a year into his job at the McLean, Virginia-based bank, where his focus has been gett...
Thiel-Backed Bank Targets Small Change in U.S. Push
A German banking app backed by billionaires Peter Thiel and Li Ka-shing is trying to woo young consumers with free current accounts as it expands outs...
JPMorgan, Nomura Job Cuts Add to Wave of Pullbacks in Finance
Automation and new technology are replacing thousands of workers at banks and asset managers around the world, just as consolidation -- including Deut...
JPMorgan’s Clampdown on Data Puts Silicon Valley Apps on Alert
The app was quickly becoming a cult favorite among penny-pinching U.S. consumers – and also a bane for their banks. In just over a year, Paul Kesserwa...
Apple Unveils iPhone-paired Apple Card
Apple today unveiled its plans to launch a virtual credit card product with Goldman Sachs and Mastercard this summer called Apple Card, which will res...
11 Startups Show Their Latest and Greatest at DEMOvation
Eleven startups participated in the DEMOvation challenge at the Bank Innovation Ignite conference in Seattle earlier this month. These startups, diver...
Tencent Sees Payments Growth Driven by Merchant Adoption
Chinese conglomerate Tencent missed the mark overall in the fourth quarter of 2018, but its WeChat Pay showed significant growth, particularly as the ...
Citi Ventures Leads $28 Million Round for Client Management Startup HoneyBook
Citi Ventures led a $28 million Series C equity round for client management platform HoneyBook, the company announced today. The San Francisco-based f...