‘Banking & Finance’ Archives
Financial Professionals Grapple with New Technologies and Look to Find Answers
The list of distinguished faculty members joining the speaker roster at Fund-EX, the upcoming event where the role of technology in the global finance and investment culture is defined, scheduled for October 29-31, 2012 at the McGraw Hill Conference Center in NYC, continues [Read More]
Morgan Stanley lets 17,000 financial advisors use Twitter and LinkedIn
After a year-long trial, Morgan Stanley Smith Barneywill allow its 17,000 financial advisors to use Twitter and LinkedIn over the next several months. Of the 600 advisors involved in the trial, 40% cited new business through their social media use, and of those 240, 60% [Read More]
Wealth management company Balentine takes innovative approach to building brand awareness on Facebook
Among wealth-management firms, Balentine’s presence on Facebook isn’t at all typical. The firm’s “wall” is crowded with news and insights from staffers, including messages from industry conferences, summer-reading recommendations and descriptions of kids’ [Read More]
Bankers say mobile wallets are big opportunity with big hurdles
Sitting in front of a room full of bankers at the Mobile Banking and Commerce Summit in San Francisco, some of the biggest players in the burgeoning mobile wallet space wasted no time Tuesday tackling that question. The query itself suggested that banks still don’t [Read More]
Wells Fargo adds ‘Send and Receive’ money to family and friends via mobile website
Wells Fargo is continuing to build its mobile strategy with a new tool that lets clients send and receive money from friends and family. The person-to-person transfers feature has been added to all of Wells Fargo’s mobile and Web platforms. Wells Fargo has applications [Read More]
AMEX comes up with a plan to combine physical and virtual commerce
Zynga and American Express have come up with a plan to combine physical and virtual commerce. The companies today announced a program called Zynga Serve Rewards. The program allows FarmVille players to earn rewards after making purchases with a prepaid card from American [Read More]
Paypal #1 in web transactions says new study
New Relic, a web app performance management company, studied 65,000 payment transactions by 21,000 web applications and came up with some astonishing findings. PayPal is by far the biggest payment processor on the web, at least according to this sample. During the test [Read More]
MasterCard launches ‘white label’ virtual wallet called PayPass
Kickstarts PayPass wallet activities with support from around 20 banks. The wallet launch is part of a bigger project to boost MasterCard’s presence in the virtual space, and prepare it for the mobile and contactless ‘revolution’. MasterCard said it would [Read More]
What’s our mobile money readiness grade? MasterCard issues report card
MasterCard released the “MasterCard Mobile Payments Readiness Index” (MPRI) to gauge the readiness of 34 countries across the globe for mobile payments. MasterCard defines mobile payments in three different categories: peer-to-peer, mobile commerce (mCommerce) and [Read More]
Mastercard study identifies top countries ready for mobile commerce
A new study from MasterCard found that although the United States is ready for mobile payments, nine of the 10 countries most set up for the technology are in Africa, the Middle East and Asia. The “MasterCard Mobile Payments Readiness Index” examined 34 countries to see [Read More]
