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Melissa Widner, General Partner at National Australia Bank Ventures, Joins Bank Innovation 2018

Bank Innovation

EXCLUSIVE — Melissa Widner, General Partner at NAB (National Australia Bank) Ventures, has joined the speaker faculty for Bank Innovation 2018. Bank Innovation 2018 will take place March 5-6 in San Francisco. She co-founded.Read More.

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Things worth reading: 15th March 2018

Chris Skinner

Things we’re reading today include … A quarter of UK bankers say their job is bad for their health Bitcoin exchange in banking tie-up with Barclays Co-op Bank ‘draws line’ under near-collapse and past scandals with pared-back losses Punjab National Bank’s woes shake confidence in state lenders SocGen deputy chief … The (..)

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Things worth reading: 14th February 2018

Chris Skinner

Things we’re reading today include … Slovakia woos with ‘love bank’ for Valentine’s Day Punjab National Bank detects $1.77

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ACH Network Adds More Than 1B New Payments In 2018

PYMNTS

The results for 2018 make clear that the ACH Network is vibrant and continues to be a vital component of the nation’s economic engine,” NACHA Chief Operating Officer Jane Larimer said in the press release. According to NACHA, ACH Network volume hit close to 23 billion payments in 2018, marking a year-over-year increase of 6.9

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Punjab National Bank Faces Third Major Fraud In As Many Years 

PYMNTS

Punjab National Bank shares fell by nearly 6 percent late Thursday (June 9) after it was defrauded $491 million by one of its customers, The Wall Street Journal reported. Punjab National failed to provide details of the alleged fraud and declined to comment, the Journal reported.

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Retailers Expect 26 Pct. Spike On National Returns Day

PYMNTS

As online shopping powers a forecasted 26 percent year-over-year volume surge on National Returns Day, the United Parcel Service (UPS) foresees shipping 1.9 A 2018 report from the Appriss Retail and National Retail Federation noted that roughly 10 percent of products sold in the U.S. million gifts and other products back to U.S.

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Apple Launches National Parks Initiative

PYMNTS

Apple has announced a new initiative that will help its customers support and enjoy America’s national parks. 24 through 31, the company is donating $1 to the National Park Foundation for every purchase made with Apple Pay at any Apple Store, online at apple.com or through the Apple Store app in the U.S.

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