Google’s Head of Consumer Payments, Vikas Gupta, Resigns

Vikas Gupta joined Google 18 months ago after it acquired Jambool, the virtual goods payment platform where he was a founder and CEO.
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Here’s a Facebook App That’s Basically a Bank

Seattle-based Bobber Interactive is launching a social networking application that helps you manage your money and even earn cash rewards.
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Tech Firms Move to Hip New Home

The media have Midtown. The banks have Wall Street. Now tech companies are laying their foundation near Union Square.

Fed Unveils Swipe-Fee Plan

The Federal Reserve on Wednesday unveiled a more moderate plan to curb the debit-card “interchange” fees banks charge retailers, proposing a base fee of 21 cents that’s far less restrictive than a draft proposal that outraged the banking industry.

Poker Web Sites Targeted in Federal Crackdown

Eleven people, including the founders of three of the largest online poker companies doing business in the U.S., have been charged in the latest crackdown on Internet gambling by U.S. authorities.

Yelp Searching for New CFO in Run-Up to IPO

Yelp is on the hunt for a new head of finance as it prepares to take the company public.

American Express Launches All-New Digital Payments Platform to Attack PayPal's Bread and Butter

American Express is launching an all-new Internet-based payment system that will go up against PayPal as part of the company’s plans to expand beyond its briefcase-touting business clientele.

An App For That? Five Ways Banks Could Learn From Apple's iPad

The line for the iPad 2 at Apple’s White Plains, N.Y., store stretched around the third level of the mall. The line blocked restaurants, Anthropologie and Brooks Brothers stores. Security guards had to keep the escalator exits clear. Meanwhile, the nation’s banks are getting attention by covertly raising fees charged to customers who use their automated teller machines: a whopping $5 in some cases.

Clovr Raises More Cash for New Ad Units That Link Coupons to Credit Cards

Clovr Media has raised $8.3 million in funding to compete in a burgeoning new category of coupon and loyalty programs that link a user’s credit card to an offer that is then redeemed automatically at a register.

Most Top Banks Have an App for That

The era of being afraid to bank on mobile phones seems over–at least from the banks’ point of view.