US Bancorp Reduces Growth Forecast

PYMNTS

To reflect the upcoming adoption of new accounting standards as well as lower interest rates, U.S. Multiple large U.S. As rate pressures have abated, bank stocks in the U.S. In mid-day trading, shares in U.S. In separate news, U.S.

US 187

US Banks Shun Money Transmittal

PYMNTS

According to a report in The New York Times , while Mexico is the largest destination for money transfers from the U.S., billion was sent from the U.S. It also means limited options for those living in the U.S.

US 245

U.S. Bank: Machine Learning Is Banks’ Best Bet Against Fraud

PYMNTS

The bank released updates for customers to install on their Android and Apple mobile apps in response to a security breach that may have compromised a little less than a fifth of the bank’s users, following only a few months after Monzo made its U.S. How U.S.

Fraud 267

How US Bank Is Using Machine Learning To Tackle Fraud

PYMNTS

That is where technologies like artificial intelligence (AI) and machine learning (ML) come in, said Dominic Venturo, executive vice president and chief innovation officer for U.S.

Fraud 266

HSBC to focus on tech in U.S. branch expansion plans

Bank Innovation

trillion in assets, is making technology a core component of U.S. The bank today announced the opening a new location in Cupertino, California, along with 50 planned new branches in the U.S. HSBC, a top global bank with $2.6

US 179

US Bans Chinese Facial Recognition Tech

PYMNTS

A Chinese company that develops facial recognition technology could be facing a ban in the U.S. As a result, the United Stated has banned government agencies from buying Hikvision products, and now there are rumblings that the company might be facing a ban on on importing U.S.-made

US 267

Where Top US Banks Are Betting On Fintech

Chris Skinner

Bearing in mind that the big American banks are all spending $10 billion plus each on technology, they should be updating, and CB Insights latest installment looks … The post Where Top US Banks Are Betting On Fintech appeared first on Chris Skinner's blog.

U.S. Bank Buys Talech To Boost Digital Expertise

PYMNTS

Derek White, chief digital officer at U.S. Bank, said this latest acquisition is one of several ways that U.S. Small businesses are a focal point for us as we transform how U.S. We have enjoyed a long and productive relationship with U.S.

US 203

Walmart Names New US CEO

PYMNTS

Walmart has announced the departure of Greg Foran , president and CEO of Walmart U.S. John has done a fantastic job at Sam’s Club, and he will continue the momentum we have in Walmart U.S.,” I look forward to seeing his impact for our customers and associates in Walmart U.S.”.

US 176

US Bank’s White: Digital banking is now more than DIY

Bank Innovation

It’s a reality for which U.S. Carousel Innovation Strategy Product Design Retail Banking Sales & Marketing BNY Mellon innovation strategy Mobile banking US Bank

US 188

Europe as a model for US payment security

Mobile Payments Today

Efforts by European regulators to provide stronger authentication could serve as a model for payments in the U.S., as multi-factor authentication is already available in mobile wallets like Apple Pay

U.S. Bank Announces Amazon Alexa Integration

Bank Innovation

EXCLUSIVE- U.S. The Minneapolis-based bank ran an employee pilot over the summer and initiated work on the Alexa skill earlier in 2017, said Gareth Gaston, executive vice president and head of omnichannel banking at U.S. […].

US 209

German payments giant Wirecard targets US with new app

Bank Innovation

Wirecard, a Germany-based payments firm that works with brands and retailers, recently launched its first U.S. contactless payment Europe mobile application U.S. mobile application in an effort to expand its reach across the Atlantic.

US 141

Apple Card Officially Released In US

PYMNTS

The Apple Card, a credit card created in partnership by the technology company, was officially released in the U.S. Customers have told us they love Apple Card’s simplicity and how it gives them a better view of their spending.” .

Apple 274

Unpaid Student Loans And Credit Card Debt Mount In US

PYMNTS

Total U.S. trillion before the 2008 global financial crisis, according to the New York Fed’s U.S. The Federal Reserve recently cut interest rates for the first time since 2008, in part due to the U.S. Debt credit card debt debt News student loans US Economy What's Hot

US 220

US Reps, Senators Present Faster Payments Legislation

PYMNTS

To reinforce the Federal Reserve’s authority to create a real-time payments system and mandate that the Fed brings about its own process, two U.S. representatives and two U.S.

US 275

US Lawmakers Visit Switzerland To Talk Libra

PYMNTS

Carolyn Maloney, Lacy Clay, Al Green and Stephen Lynch — who wrote a letter calling for Facebook to stop its plans, citing risks to security, financial stability and the control the U.S. Soon after, the U.S. He said Libra’s associated Calibra wallet plans will be regulated by the U.S.

US 250

Retail Pulse: Toys R Us Returns With Small Retail Stores

PYMNTS

The parent of the Toys R Us brand, Tru Kids , plans to bring stores under the legendary name to the United States for the 2019 holiday season. Barry continued, “We have an incredible opportunity to entirely reimagine the Toys R Us brand in the U.S.,

Retail 223

US Bank expands AI insights in its mobile app

Bank Innovation

Through its latest app upgrade, U.S. Artificial Intelligence Carousel Customer Experience Daily Post 1 Premium Product Design Retail Banking Bank of America Erica Fifth Third Huntington Nomi RBC US Bank Zelle

US 130

Despite Strong Economy, Large US Banks See Credit Quality Decrease

PYMNTS

Large U.S. Commercial lending has grown rapidly, and banks in the U.S. Banking Bank of America banking commercial loans JP Morgan Chase News U.S.

US 247

US Senate Revives Export-Import Bank

PYMNTS

After a four-year hiatus, the U.S. Export-Import Bank (EXIM Bank) is returning to full-fledged operations as a provider of high-value trade financing and other services to support cross-border trade with U.S. Reports in Reuters earlier this month said the U.S.

US 186

Facebook Launches Dating Service In US

PYMNTS

” The service is launching in U.S. Facebook has announced the launch of Facebook Dating, created to gives users “a more authentic look at who someone is.”

US 252

With Mastercard, Revolut aims for US market

Bank Innovation

based company, which operates in Europe and Australia, announced two major milestones this week: a tie-up with Mastercard that will help fuel a planned U.S. Digital banking and stock trading app Revolut, which boasts 8 million customers, is in the midst of a global expansion effort. The U.K.-based

US 130

All we are saying, is give us a chance

Chris Skinner

Sure, there may be significant lay-offs if it is a heavily branch oriented bank as getting rid of … The post All we are saying, is give us a chance appeared first on Chris Skinner's blog.

US 212

Pro-Pot SAFE Banking Act Hits Roadblock In US Senate

PYMNTS

The proposal, currently before the U.S. And according to a CNBC report late Tuesday , the proposed law, introduced in the U.S. But the more deliberative U.S. Bank Regulation banking regulation Cannabis digital payments News Retail SAFE Banking Act U.S.

US 217

US Mulls Banning Visa, Mastercard From Processing In Venezuela

PYMNTS

The U.S. The U.S. In fact, earlier this week, the U.S. Latin America financial sector MasterCard News Nicolas Maduro sanctions SWIFT transactions U.S.

US 249

US Retail Sales Fall In April

PYMNTS

As Americans reduced their spending on appliances and clothes, among other items, retail sales in the U.S. Retail economy News U.S. Department of Commerce U.S. dropped in April. The Commerce Department said on Wednesday (May 15) that sales declined 0.2 percent, CNBC reported.

US 153

Toys R Us May Return With Smaller Stores

PYMNTS

Ahead of this year’s holiday season, defunct toy chain Toys R Us could be making a comeback: The remnant of the company will reportedly open a shopping website along with roughly six U.S. via over 700 stores, including its Babies R Us brand , Bloomberg reported.

US 202

US Bank, Inworks Partner On Hospital Payments

PYMNTS

In a statement, Inworks CEO Don Carlson said U.S. Likewise, our relationship with U.S. Bank has a long history of serving the banking and finance needs of healthcare organizations,” added U.S. In 2017, U.S.

US 158

What’s Behind The Drop In US Retail Sales?

PYMNTS

Retail sales in the U.S. 16) by the U.S. The numbers come about a week after U.S. Federal Reserve officials expressed worry that slowing global growth, exacerbated by the U.S.-China Since the September Federal Reserve meeting, surveys and other economic data have hinted that weakness in manufacturing might be spreading into other parts of the U.S. Retail china economy Editors' Picks european central bank federal reserve News trade war U.S.

US 130

US Faster Payments Council Announces Founding Sponsors

PYMNTS

The U.S. It also signifies their determination to get the FPC’s work off to a strong start in the U.S. The FPC’s founding sponsors are truly committed to sharing their expertise and resources as we collectively work to accelerate widespread U.S.

US 185

Coinbase CEO: US Should Support Libra Or ‘Get Left Behind’

PYMNTS

Coinbase CEO and co-founder Brian Armstrong tweeted that he thinks the U.S. But the way the U.S. Armstrong also tweeted that as China gets ready to announce its own cryptocurrency, U.S. Cryptocurrency CEO china coinbase cryptocurrency Facebook Government Libra News Stablecoin us What's Hotshould get on board with Facebook’s Libra, Cointelegraph reported on Saturday (Oct. There are many cryptocurrencies, and Libra is just one of them.

US 164

US Banks Expected To Lose 200K Jobs To Technology

PYMNTS

In the next 10 years, as robots and other tech bring about the “greatest transfer from labour to capital” the industry has witnessed, per a report by Wells Fargo analysts, U.S. In separate news, U.S.

N26 Banking App Now Live In US

PYMNTS

“We are excited to now open up N26 to the millions of U.S. We give users a banking app and Visa debit card that matches their lifestyles,” says Nicolas Kopp, US CEO, N26 Inc. The U.S.

US 228

Three Small US Banks Collapse Over Past Month

PYMNTS

The U.S. Last year was the first time since 2006 that not one U.S. Bank Regulation bank failures banking closures economy FDIC News U.S. recorded its fourth bank failure this year — the first collapse of financial institutions since 2017, according to data from the Federal Deposit Insurance Corp ( FDIC ). The most recent failure was on Nov. 1 when City National Bank of New Jersey closed its three branches with assets of about $120.6 million and deposits totaling $111.2

Tru Kids Teams With Candytopia For Toys R Us Adventure

PYMNTS

To bring in shoppers with new experiences, Tru Kids, the new owner of the Toys R Us brand, is teaming up with Candytopia. The firms will create Toys R Us Adventure, which has been described as “an immersive wonderland that celebrates the whimsical, silly and fun of toys,” CNBC reported.

US 158

Danske Bank Whistleblower: Major European Bank, U.S. Lenders Involved

PYMNTS

19), contended that a major European bank helped to process as much as $150 billion in suspicious payments, and noted that two U.S.-based The comments came as regulators in Denmark, Estonia, Britain and the U.S. We have breached the expectations society had of us.

US 250

US Restaurants Face Tough 2019

PYMNTS

According to a report in Bloomberg citing analysts and industry watchers, U.S. Bloomberg pointed to Starbucks, which already announced plans to close some of its U.S. Because consumers in the U.S.

US 225

US Bank’s Venturo: Hackathons can reveal banks’ shortcomings

Bank Innovation

According to Dominc Venturo, chief innovation officer at U.S. Bank, any new idea incubated within the bank should have a measurable effect on customer experience.

US Treasury: Taxes On Digital Companies Are Discriminatory

PYMNTS

A U.S. Reuters reported that Chip Harter, the U.S. What we have seen of the most recent French proposals, we view them as highly discriminatory against U.S. Regulation digital companies digital tax French tax News OECD regulation tax reform U.S.

Taxes 217

If Facebook launch a cryptocurrency, will US government shut it down?

Chris Skinner

April 2019) This is because they are getting serious about payments and blockchain, after a variety of reports that they … The post If Facebook launch a cryptocurrency, will US government shut it down?

U.S. Bank Wants To Remove Passwords From Login in 2017

Bank Innovation

Biometrics and behavioral analytics are taking over banking apps for good, and U.S. Corporate Operations Technology authentication behavioral analytics cybersecurity US Bank

US 235

U.S. Bank’s Venturo sees 5G as ‘enabler’ for IoT innovation

Bank Innovation

Dominic Venturo, executive vice president and chief innovation officer at U.S. The focus of the innovation group at U.S. Bank Innovation Build 2019 Daily Post 1 Exclusive IoT & Wearables Operations & Best Practices Bank Innovation Build identity verification IOT US Bank