Banking

You've Got to See What the CEOs of JPMorgan Chase and Wells Fargo Just Said About Bitcoin

Tell us how you really feel.<p>To put it mildly, cryptocurrencies are redefining "investment gains" for folks in 2017. Whereas the stock market has …

Investing

Mastercard Blockchain Now Open for Payment Processing

October 21, 2017 · 8:30 pm<p><b>Mastercard has opened up their own blockchain to allow payment transactions to be carried out between selected banks and</b> …

Bitcoin

American Express Earnings' Discussion

American Express’ moves to compete with products offered by firms like JPMorgan Chase appear to be paying off.<p>The firm has released earnings, showing …

Business

New FANGs for Halloween: Best of Cramer

Here are Jim Cramer's top thoughts on some of the biggest stories of the week.<p><b>Cramer: Halloween Is Coming; We Need a New Set of FANGs</b><p>Maybe we need …

Business

Treasury forms top team to keep watch over Royal Bank of Scotland's £775m cash handout scheme

The Treasury is assembling a top team of lawyers and accountants to supervise an intricate Royal Bank of Scotland scheme to give away £775m in cash …

Royal Bank of Scotland

'Is this call from Halifax a scam?'

<i>My husband and I are 79 and 74 respectively and have a joint account with Halifax.</i><p><i>Over the past three months my husband has been extremely ill with a condition that causes him severe mobility issues.</i><p><i>My husband’s Visa debit card has never left his possession but recently I took a call, out of the</i> …

Identity Theft

Facebook lets you send money to your family and friends via Paypal

Last year Paypal announced partnership with Facebook to allow more than 2.5m US customer to connect their accounts and allowing them to shop using …

Facebook

Could Your Next Credit Card Application Require a Selfie?

Especially after the recent massive Equifax data breach, financial institutions are realizing that a credit card application that asks for your …

Frequent-flyer Programs

More than a dozen skimming devices found in ATMs across city

Chicago police have issued a new warning after more than a dozen ATM skimming devices have been found across the city.<p>The skimmers can steal critical …

Fifth Third Bank

Is Bank of America Stock Still a Bargain?

Check out what two key valuation metrics have to say.<p>It's been a good year for bank stocks, and <b>Bank of America</b> (NYSE:BAC) is no exception.<p>Since this …

Stocks

How Indonesian unicorn Go-Jek went from 20 bikes to US$2.5 billion and an e-money revolution | This Week In Asia | South China Morning Post

Ten years ago, few could have predicted the mobile payment revolution in Indonesia would be driven not by the banking industry, but by a firm that …

Indonesia

Bitcoin is no Fraud but There are Real Concerns: Royal Bank of Canada CEO

The Royal Bank of Canada’s CEO has said that he would never call bitcoin a fraud, but he admits he does have ‘real concerns’ about the …

Bay Street

HSBC to Participate in Money20/20 Conference - Digital Journal - HSBC

HSBC to Participate in Money20/20 Conference – Digital Journal – HSBC<p>0 Comment HSBC<p><b>HSBC</b> to Participate in Money20/20 Conference<b><br>Digital Journal</b><br>LAS …

Digital Media

MasterCard Announces Blockchain B2B Payments Despite Rejection of Bitcoin

MasterCard recently announced a way for businesses to make direct business to business (B2B) payments over their Blockchain technology-based network. …

Bitcoin

Even pay day lenders like Cash Converters are now slamming the 'reputational risk' of our big banks

You know the big banks are on the nose when a disgraced pay day lender like Cash Converters feels it has the moral authority to castigate the …

Westpac shuts bank accounts 'funding terror'

Westpac Bank has shut down the bank accounts of a Sydney group after discovering it was raising funds for terrorism.<p>The Daily Telegraph reports the …

Can consumers keep the British economy going?

GDP watchers will be out in force this week as third-quarter figures are revealed<p>This week’s big economic number is GDP for the third quarter, due on Wednesday morning. Economists reckon output rose by 0.3% or 0.4% in the three months to the end of September.<p>Assuming the figure isn’t lower than …

Business

It Is All About The Central Banks' Money

There is sense and there is sensibility. These items are closely related, but not the same. There is a long and storied history of looking at the GDP …

Business

Microsoft Promises Multi-Day Battery Life...And Other Small Business Tech News This Week

Here are five things in technology that happened this past week and how they affect your business. Did you miss them?<p><b>1 —</b> <b>Microsoft claims Windows 10 ARM battery life will be a “game-changer” for laptops</b><p>In 2016, Microsoft first unveiled its plans for ARM-powered Windows laptops, powered by Qualcomm’s …

Entrepreneurship

Sainsbury's loyalty card holders miss out on bonus points as glitch hits vouchers scheme

The supermarket ran Swipe and Win in their 605 UK stores earlier this month but shoppers who added the points to their Nectar balance on October 8 …

Sainsbury'S

Experts say UK infrastructure bank would face big hurdles

Chancellor Philip Hammond’s contingency plan to set up a UK replacement for the European Investment Bank after Brexit could take years to become …

Banking sector stares at additional Rs40,000 crore NPAs

As per the RBI inspection, there was divergence of Rs5,632.80 crore in gross NPAs of Axis Bank at the end of March 2017.<p><b>New Delhi:</b> The banking sector …

Banking (India)

ECB Taper to Have Ripples From Switzerland to Ivory Coast

What happens in the eurozone doesn’t always stay in the eurozone.<p>On Thursday, the European Central Bank is expected to begin unwinding its extraordinary monetary stimulus, a process that will drag central banks from Ivory Coast to Switzerland in its wake.<p>That could have a knock-on effect on …

Economy

NAB and CBA hiked rates to temper demand, not pump up profits

by James Frost<p>NAB and Commonwealth Bank have rejected claims they used a directive from the regulator to write fewer risky loans as a pretext for …

Australian News

Lending questions loom over banking results this week

Questions about whether household finances are robust enough to stomach an interest rate rise will cloud a week of improving results from British …

Economy

Billionaire Ken Fisher Reveals the Stocks to Own in This Bull Market

Given where we are in the bull market, investors should own certain types of stocks according to billionaire Ken Fisher, founder and executive …

Business

The Future of Banking Probably Isn't Banking

I spent over 10 years working for a bank and I loved it. I think their days are numbered though, probably; mainly as I believe the services and …

Foundation for Economic Education

‘We lost £120,000 in an email scam but the banks won’t help get it back’

In another example of a growing menace, the Scotts thought they were sending money to their solicitor’s bank account. Little did they know it went to a fraudster<p>It is the worst case of email intercept fraud that Money has ever featured. An Essex couple have lost £120,000 after sending the money to …

Lloyds Bank

Put Mandatory Linking Of Bank Accounts With Aadhaar On Hold: All India Bank Officers Confederation

Joining the Aadhaar seeding debate, public sector banks' officer union has demanded that mandatory linking of biometric identity number should be put …

India

Mastercard Will No Longer Make You Sign For Purchases In 2018

While credit card usage in the US is among the highest in the world, the security technology that goes along with is it surprisingly limited. Rather …

Credit Card Fraud