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FinTech Playbook: ABA Unveils Standards for Banks to Facilitate Adoption of New Tech

The American Bankers Association (ABA) on Monday released its FinTech playbook, standards designed to help banks adopt new technologies to expand their services, and remain competitive. ABA developed the Fintech Playbook in collaboration with Accenture. The Fintech Playbook, available only to...
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SWIFT CEO Says Even More Devastating Cyber Attacks Likely

Swift's CEO Gottfried Leibbrandt has warned that hackers could use its financial transfer system to cause greater havoc on international banks. Leibbrandt, who delivered the keynote address at the 14th annual European Financial Services Conference in Brussels today, announced SWIFT’s...
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Apple: Customers Spent Over $1.1 Billion On Apps And In-App Purchases This Holiday Season

Apple announced Wednesday that customers set new records during the weeks of Christmas and New Year’s by spending over $1.1 billion on apps and in-app purchases. This created back-to-back weekly records for traffic and purchases, according to Apple, with...
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Fidelity Ditches Bank of America, AmEx: Switches To Visa Credit Card

Fidelity, a retail brokerage and retirement-savings provider, said Monday it would begin offering Visa rewards cards issued by U.S. Bancorp to its 24 million customers, replacing rewards cards issued by Charlotte, N.C.-based Bank of America that had used the...
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Did You Miss The Deadline To Donate Your Car for Tax Credit?

2016 is here, and once again, it is time for folks to turn their thoughts towards taxes. December 31st was the last day for which people can make contributions to eligible charities if they want to deduct those donations...