By Emayeneme Gbemiye-Etta There used to be a number of distinct differences between traditional banks (pestle and mortar and online banks but with the expansion of services traditional banks now offer online these differences are shrinking in some areas as far as services are concerned. In fact, these days, people think of online banks as [...]
Apple, the best fruit to ever make electronics, now boasts the strength to make mobile payments the next big thing; the only trouble is that the banks aren’t quite a focal point in their vision. Recent patent applications have revealed that the company is looking to incorporate near-field communication chips in their iPhone. While several [...]
As Visa Inc. gears up for mobile and online commerce, their planned purchase of Cyber Source Corp. proves that their also keen on sharpening their eye on security breaches. A $2 billion cash agreement was a portion of what will be an immensely orchestrated effort to tighten Visa‘s grip on security at retail locations, where [...]
As the fortunes of the world rebound, today’s economy proves to be a wonderfuly exciting time to be in charge of a large financial institution. Bank executives should be ecstatic about the task at hand; currently speaking, industry wealth has saturated the financial institutions, and it just so happens that there’s a growing trend of [...]