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Currently Browsing: Results for Tag "Banking"

Capital One: Windows phones need 10% market share in the UK for us to bring an app to the platform

Capital One: Windows phones need 10% market share in the UK for us to bring an app to the platform The company offers no app for Windows phones.The European arm of Capital One, Capital One UK, based in Nottingham, has informed us that there is currently no app in the “pipeline at present” and continued by explaining the reasoning behind this: As you’ll appreciate, we have to build an entirely new application for each platform, which is time consuming and expensive.

Wells Fargo faces $185 million fine for massive fraud and theft scheme, 5,300 employees fired

Wells Fargo faces $185 million fine for massive fraud and theft scheme, 5,300 employees fired For the past five years, thousands of Wells Fargo employees collectively participated in a scam to systemically defraud and abuse its customers.The problems at Wells Fargo are tied to a company culture that values cross-selling products across the entire range of services that the bank offers.

UK regulator: White male bank culture is ‘difficult to take'

UK regulator: White male bank culture is ‘difficult to take' The financial industry’s “white male” culture isn’t changing quickly enough, according to the U.regulator’s head of supervision, who said the country is unlikely to see a female chief executive officer at a major bank for at least five years.

Banks are finally taking on Venmo — and have a money-transfer app of their own

Banks are finally taking on Venmo — and have a money-transfer app of their own A standalone Zelle payment app should be available to anyone with a debit card, regardless of where they bank, by the middle of the year.In the common vernacular, "to Venmo" means to move money to and from friends and family.

This top bank will supply you with a 'trust passport' for the gig economy

This top bank will supply you with a 'trust passport' for the gig economy A partnership announced Tuesday between his company and the Commonwealth Bank of Australia (CBA) will aim to import some old-school trust into the gig economy.As well as verifying identity, the badge could indicate other things about your relationship with the bank — although Steel wouldn't elaborate on what exactly those would be.

You can now manage your bank account with emojis

You can now manage your bank account with emojis We rarely go to the bank anymore.The bank unveiled its new mobile technology, called Eno, at SXSW in Austin, Texas, on Friday.

New mobile banking app supports 11 languages besides English

New mobile banking app supports 11 languages besides English The app, Mera iMobile (my iMobile), supports 11 Indian languages (Hindi, Punjabi, Gujarati, Marathi, Odia, Bengali, Assamese Tamil, Telugu, Kannada, Malayalam) and English.The Bharat Interface for Money (BHIM) app works on top of India's UPI mobile banking platform and uses a mobile number as the payment address.

You soon won't need a card to withdraw cash at this shady bank's ATMs

You soon won't need a card to withdraw cash at this shady bank's ATMs And so, as of March 27, the San Francisco-based company is giving its account holders a way to access their money at 13,000 Wells Fargo ATMs across the U.Reuters reports that instead of the old fashioned insert-a-card-into-the-machine routine, customers can use the Wells Fargo app to generate an eight-digit code.

South Korea's biggest messenger app gets clearance to launch an online-only bank

South Korea's biggest messenger app gets clearance to launch an online-only bank Hot on the heels of the launch of Korea Telecom's internet K Bank, another online-only bank is about to be launched by Kakao Talk, the country's biggest messenger app.The digital-only banks won't have any actual bank branches, but of course users can stop at real-world ATMs to get cash.

It looks like JPMorgan is building its very own roboadviser

It looks like JPMorgan is building its very own roboadviser Well, he just revealed the bank is following through on that promise and building one.Previously, Dimon had said that he wanted to make his firm a one stop shop for all things finance, much like Amazon.

Barclays put in sensors to see which bankers are at their desks

Barclays put in sensors to see which bankers are at their desks The Barclays employees said they don’t remember being informed about the boxes, but spokespeople for the bank said there have been no official human-resources complaints.-based Cad-Capture, are pitched as a way for companies to find out how they can reduce office space, providing a multicolored dashboard to show managers which workstations are unoccupied and analyze usage trends.

Banks are more worried about Amazon and Facebook than actual fintech startups

Banks are more worried about Amazon and Facebook than actual fintech startups All firms risk becoming dependent on large techs, which necessitates the loss of some control over both costs and data.Major financial firms aren't necessarily happy that they have to rely on a third party for an important component of their business.

Everything you need to know about the massive Equifax data breach

Everything you need to know about the massive Equifax data breach The site adds that the company "empower[s] individual consumers to manage their personal credit information, protect their identity, and maximize their financial well-being.Census Bureau, the population of the country was about 324 million in 2017, meaning that the Equifax data breach affects 44% of Americans.