Payments

Cash Is Still The Most Popular Way to Pay for Most Americans: Report

HuffingtonPost.com | Catherine New | Posted 01.24.2012

Read More: Debt, Payments, Pay, Dodd-Frank, Money, Durbin Amendment, Green-Money-Saving-Tips, Hard Currency, Atm, Credit Cards, Wallet, Debit Cards, Cash, Business News

When it's time to pay for small, everyday items, cash is still king. More than three-quarters, or 79 percent, of consumers said they made a cash p...

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The Debit Is in the Details

Len Hollie | Posted 11.06.2011

Read More: JP Morgan Chase, Debt, Payments, Checking Account, Ecommerce, Check Cashing, Debit Cards, Money, Shopping, Economy, Wells Fargo, Prepaid Cards, Employment, Rewards, Federal Reserve, Jobs, National Trend, Retail Stores, Holiday, Credit Cards, Labor Day, Revenue, Spending, Banks, Consumers, Fees, Customers, Cash, Debit Cards Rewards Program, Swipe Fees, New York News

In August, the Federal Reserve imposed a cap on the fees banks can charge retailers every time customers swipe their debit cards. Why is that important? In addition to banks, consumers may be the biggest losers.

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Why Apple Must Launch NFC in the iPhone 5

Brett King | Posted 07.10.2011

Read More: Nfc, Google, Payments, Mobile, Square, Iphone, Nexus S, Iphone 5 Nfc, Iphone 5, Iphone 5 News, Technology News

When the 5 launches it needs to be much more than just NFC-enabled, Apple needs to 'change everything' again. The only viable way of doing this is taking a first mover payments capability.

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Citigroup Plans To Reduce Its Number Of Total Shares

AP | PALLAVI GOGOI | Posted 05.25.2011

Read More: Vikram Pandit, Citigroup Dividend, Citi, Payments, Common Shares, Dividend, Citigroup Stock Split, Dividend Hikes, Federal Reserve, Citigroup, Business News

NEW YORK — Citigroup Inc., one of the worst-hit banks during the financial crisis, is taking more steps to get back in the good graces of shareh...

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Starbucks Mobile Payments -- The Future Is Coming Fast (VIDEO)

Brett King | Posted 05.25.2011

Read More: Nfc, Google, Cashless, Payments, Apple, Mobile, Starbucks, App, Card, Iphone, Android, Cash, Technology News

The Starbucks App links your phone to your pre-paid Starbucks card to process payments using a QR code on the screen, which can be scanned by a small reader connected to the cash register. The experience was, in a word, engaging.

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Banks Still Don't Get Mobile, But Neither Do Researchers...

Brett King | Posted 05.25.2011

Read More: Payments, Organization Chart, Social, Gap, Mobile, Banking, Millennials, Y-Gen, Engagement Banking, Generational, Celent, Business News

I read with interest a post pointed out to me by @JenRBoyd posted on Mobile Commerce Daily highlighting a recent Celent report comparing US and EU inv...

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The 14 Best Innovations in Banking and Payments for 2010 (SLIDESHOW)

Brett King | Posted 05.25.2011

Read More: Payments, Ideo, Apple, Square, Foursquare, Citibank, Atm, Slidepollajax, Banking, Innovation, M-Pesa, Bbva, Atm Withdrawals, Facebucks, Ocbc, Geolocation, Iphone, Usaa, Business News

2010 was a bumper year for innovations in the banking and payments space. Here are some of the top innovations.

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Swiss Banker's Reaction to U.S. Treasury Hiding A.I.G. Loss

Iris Mack | Posted 05.25.2011

Read More: Shares, Fired, Payments, White Collar Crime, Losses, U.S. Treasury, Commissions, Federal Reserve, Collusion, Institutional Clients, Accounting Entry, Asset, Krisken Management, Citizens, Ubs, Goldman Sachs, Aig, Inspector General Barofsky: U.S. Treasury Hid a.I.G. Loss., Go Bust, Defraud, Bailed Out, Accountants, Subsidized, Pay to Play, Foreclosed Homes, Accounting, Revalue, Negligence, Disclaimer, Depreciate, Repurchase, American Tax Payer, Tax Evasion, Racketeering, Swiss Baker, Write Off, Auditors, JP Morgan, Proceeds of the Sale, Intermediaries, Christopher Hill, Tax Returns, Job, Banks, Business News

Goldman Sachs and JP Morgan are being subsidized by the Federal Reserve. Why can't the Fed instead subsidize Americans who want a job? How stupid do they think the American taxpayer is?

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Carl Barbier, New Orleans Judge, Gets Most Of BP Oil Spill Lawsuits

AP | By MICHAEL KUNZELMAN | Posted 05.25.2011

Read More: Bp, Payments, Court, New Orleans, Lawsuits, Gulf Oil Spill, Transocean, Carl J. Barbier, Louisiana, Environmental Damage, Halliburton, Wetlands, Carl Barbier, Fishing, Cameron International, Fishermen, Green News

NEW ORLEANS (AP)-- A federal judge in New Orleans was picked Tuesday to preside over more than 300 lawsuits filed against BP PLC and other companies o...

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Creating the PFM for Business Banking

Brett King | Posted 05.25.2011

Read More: Payments, Onboarding, Receivables, Internet Banking, Sme, Sole Trader, Pfm, Accounting, Business, Invoicing, Enablement, Merchant, Business News

Business Internet Banking can become the platform for much more leverage with business clients, but today it is a very basic transactional platform. We need to shift it to become the PFM of business banking.

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Carl Henric-Svanberg Says BP Cares About 'Small People'

AP | HOLBROOK MOHR | Posted 05.25.2011

Read More: Bp, Payments, Small People, Claims, Fishing Industry, Oil Spill, Carl Henrik Svanberg, Deepwater Horizon, Gulf Oil Spill, Bp Chairman, Cleanup, Gulf Coast, Little People, Wildlife, Green News

VENICE, La. — The "small people" of the Gulf Coast have a humongous message for oil giant BP: They're tired of the company's big-time executives...

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Levi Johnston Child Support Verdict: Johnston Must Pay $1,750 Per Month To Bristol Palin

AP | Posted 05.25.2011

Read More: Judge, Payments, Sarah Palin, Kari C. Kristiansen, Levi Johnston, Alaska, Child Support Payments, Child Support, Bristol Palin, Income, Tripp Palin, Politics News

ANCHORAGE, Alaska — The teen father of Sarah Palin's grandson has been ordered to make interim child support payments of $1,750 per month to Pal...

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Pervasive Banking or Irrelevance? You choose...

Brett King | Posted 05.25.2011

Read More: Nfc, Payments, Bump, Paypal, P2p, Oyster, Octopus, Square, Banking, Atm, Iphone, Point-of-Impact, Verifone, Pervasive, Cheques, Contactless, Popmoney, Check, Business News

Why do we use cash? Why do we use banks? The basic premise is that banks are necessary to create a flow of cash and enable commerce, with built in pro...

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Group Calls For FBI, Senate Investigation Into Coleman

HuffingtonPost.com | Sam Stein | Posted 05.25.2011

Read More: Senate Ethics, Senate Race, Paul Mckim Coleman, Nasser Kazeminy, Norm Coleman, Coleman Senate Race, Alliance for a Better Minnesota, Ethics Law, Laurie Payments, Norm Coleman Deep Marine Technology, Coleman Laurie, Kazeminy Coleman, Payments, Investigation Against Nasser Kazeminy, Politics News

A good government group in Minnesota has filed two letters -- one to Congress the other to the FBI -- asking for an investigation into allegations tha...

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