Search Results for: Wells Fargo
Alibaba Pays $100 Million For Eye-Scan Firm
September 14th, 2016
Expect to “see” eye-scanning in more places. Alibaba’s payments arm, Ant Financial, has acquired EyeVerify, a maker of optical recognition technology used by Wells Fargo along with dozens of regional banks and credit unions across the country. Bloomberg reported the purchase price ...
The world’s most valuable bank plans to start a robo-advisory service in 2017
July 21st, 2016
The world’s most valuable bank plans to start a robo-advisory service in 2017, Chief Operating Officer Tim Sloan said Wells Fargo & Co., the world’s most valuable bank, plans to start a robo-advisory service in 2017, Chief Operating Officer ...
Jay Rajarathinam to Join TMX Group as Chief Information Officer
July 18th, 2016
TMX Group Limited today announced the appointment of Jay Rajarathinam as Chief Information Officer, effective immediately. Mr. Rajarathinam, reporting to Jean Desgagné, President and CEO, Global Enterprise Services, is responsible for the development and execution of the overall technology ...
Asian Stocks Extend Rally on China Data as Yen Drops With Gold
July 15th, 2016
Japan’s currency set for biggest weekly drop in 17 years China’s economic growth stabilized in second quarter Asian stocks rose for a fifth day and South Korea’s won strengthened as Chinese economic data beat estimates amid an upbeat start ...
Top rated investment firms by consumers
June 2nd, 2016
Edward Jones and Fidelity Investments Earn Top Customer Experience Ratings for Investment Firms, According to Temkin Group Credit unions, USAA, and Regions deliver the best customer experience in the banking industry, according to the 2016 Temkin Experience Ratings, an ...
EU’s highest court upholds new restrictive law on cigarettes
May 5th, 2016
The European Union’s highest court on Wednesday upheld a tough EU law that will standardise cigarette packs, ban menthol flavouring and restrict e-cigarette advertising, paving the way for its adoption this month and dealing a blow to Big Tobacco. ...
Seven big banks settle U.S. rate-rigging lawsuit for $324 million
May 4th, 2016
Seven of the world’s biggest banks have agreed to pay $324 million to settle a private U.S. lawsuit accusing them of rigging an interest rate benchmark used in the $553 trillion derivatives market. The settlement made public on Tuesday, ...
Deutsche Bank, JP Morgan team up for US$818m CMBS deal
March 29th, 2016
Deutsche Bank and JP Morgan have teamed up for the first time since the crisis to underwrite a conduit commercial mortgage bond by themselves, according to investors and syndicate sources. The US$818m deal includes only loans made by Deutsche ...
Big U.S. banks to take on tech rivals with instant payments
March 9th, 2016
Depositors at some of the largest U.S. banks are finally going to get the chance to do something quick and simple: send money to another person’s account instantaneously by mobile phone. The idea has been in the works for ...
Bitcoin Technology Tested In Trial By 40 Big Banks
March 3rd, 2016
The technology behind Bitcoin is starting to make progress on Wall Street. By December, financial technology company R3 CEV had brought together a consortium of 42 banks to create standards and protocols for using blockchain technology in financial services. ...
