Voices

Banks Make Smartphone Connection

Americans are growing increasingly comfortable using their mobile phones to conduct basic financial transactions, sending banks racing to offer new technology that will cut down on costly customer-service calls and branch visits.

As Attacks Mount, Governments Grapple With Cyber Security Policies

Why do governments in Europe and the US respond so differently to questions about cyber security when a unified approach would make more sense?
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Voices

Why Credit Card Companies Need Some Madison Avenue Style

Facing major competitors in the mobile wallet and offers business, credit card companies need to figure out how to leverage their relationships with consumers.
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News Byte

mFoundry Acquired for $120 Million in Cash for Its Mobile Banking Tech

The original developer behind the Starbucks mobile application, mFoundry, has been acquired by FIS, which already owned a 22 percent stake in the company. FIS said it will pay $120 million in cash for the remaining stake, meaning the entire deal was worth around $165 million. Other investors in the nine-year-old company include MasterCard, Intel Capital, Motorola Mobility, PayPal, Bank of America and Ignition Partners. MFoundry had 850 clients, many of which were banks that deployed the company’s technology inside of their mobile apps.

Voices

Dell Deal Done Differently

When a giant takeover is brewing, banks usually try to get as many pieces of the action as they can, from offering advice to lending money.

Iran Raised Its Cyberwar Game After Stuxnet, U.S. General Says

Ongoing attacks against Iranian computers have strengthened that nation’s resolve to fight back.
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Voices

Banks Seek U.S. Help on Iran Cyber Attacks

Major U.S. banks are pressing for government action to block or squelch what Washington officials say is an intensifying Iranian campaign of cyber attacks against American financial institutions.

One Less Groupon Clone: J.P. Morgan Chase Acquires Bloomspot

J.P. Morgan Chase is acquiring Bloomspot, one of the smaller daily deals companies in the U.S.
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Visa’s PayPal-Like Wallet Gains Traction With Partners; Will Consumers Follow?

Visa has started marketing its digital wallet service to consumers in earnest, now that it has signed up 50 banks and 23 merchants for V.me.
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Voices

Banks Pushed to Clear Fog of Cyberwar

As hackers get more sophisticated, lenders face growing pressure to share information with each other and with national intelligence agencies, and to communicate better with customers