New data from the Federal Reserve shows that 39% of cell phone owners use the devices for banking services. And more than half of all mobile banking users have deposited checks using an app.
Another financial startup is getting snatched up by a much larger, older, and more traditional finance company.
Stocks dip a couple billion in the whole wide world.
The Brazilian private equity firm 3G, which bought Heinz in 2013, will add cheese, coffee, and Jell-O to its pantry.
Before becoming CFO of the investment bank Morgan Stanley, Porat was a banker for tech companies including Amazon, eBay, and Priceline.
Motif Investing and Pacific Life will offer four baskets of stocks tied to social causes.
There has been a slight tweak in the Federal Reserve’s wording about interest rates.
A strong dollar is good news if you drink French wine or plan on spending the summer in Rome. But spare a thought for American exporters, whose foreign sales bring in less dollars by the day.
Users will now be able to send money to friends via Facebook’s chat feature, putting the company in direct competition with Venmo and other mobile money apps.
The film studio took a big hit to its reputation when hackers released a flood of data stolen from its servers. And according to earnings announced Tuesday, it also took a hit to its bottom line.
The companies that manage trillions in retirement savings like to keep their disputes behind closed doors. But online wealth management startups entering the market have brought with them a tech industry tradition: smack-talking blog posts.
The megabank’s plan to pay a bigger dividend and buy back shares has been given the OK by the Fed. It’s good news for the bank and its shareholders, after two previous blocked attempts.
The talk-show host, and the payday lender he promoted, were given a rap on the knuckles by New York state’s financial regulator.
After a damning report, the mobile payment company said today it will step up its security game. Two-factor authentication is coming “soon,” along with other important updates.
The mobile payment system is now accepted at nearly 700,000 locations, Apple said today. And by being built into the Apple Watch, the service could be a whole lot more tempting to use.
The fine dining veteran recently took his own gourmet burger chain public. But he has nothing but praise for In-N-Out, which he says “way, way upped the fast food game”
America’s oldest index has finally added Apple, but that’s just further proof of its irrelevance.
It’s losing money, but more and more customers and buyers are part of the “Etsy Empowerment Loop.”
Billions are even cooler when shared among buddies.