WASHINGTON — Keynotes by Sir Richard Branson, the $4 billion Virgin serial entrepreneur, and global strategist Jonathan Salem Baskin. Panel after panel on mobile banking, peer-to peer-payments and the rules of engagement with social media. A tentative obituary for near field communication, an innovative payments technology around which enthusiasm seems...
Walmart advanced further into the financial services arena last week with a new product it will offer in conjunction with American Express.
Steve Jobs would shine no man's shoes. Richard Branson? Not so much. But big banks best beware the man from Virgin.
How to turn the good ship NCUA around is among questions pondered in this week's column from Sarah Snell Cooke, Credit Union Times' editor/publisher.
Filene researcher does see increased competition from Amex/Walmart offering, while Latino Community CU, Consumers Union say full-service still needed.
CFPB mum on new Walmart/Amex offering, while card rater considers it a top-tier new product.
New banking alternative lacks deposit coverage insurance; impact uncertain.
Bluebird service will be available at 4,000 Walmart stores and online.
Interchange settlement now opposed by Retail Industry Leaders Association, which includes Walmrt, Apple, Pepboys and Abercrombie & Fitch, among others.
New survey says employers with large part-time, low-wage workforce more likely to try to avoid triggering coverage requirement.