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New Apple Pay volume estimate suggests hurdles overseas (AAPL)
This story was delivered to BI Intelligence "Payments Briefing" subscribers. To learn more and subscribe, please click here.Apple Pay has helped spearhead the proliferation of mobile payments products...
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Fintech could be bigger than ATMs, PayPal, and Bitcoin combined
We’ve entered the most profound era of change for financial services companies since the 1970s brought us index mutual funds, discount brokers and ATMs.No firm is immune from the coming disruption and...
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Credit Suisse M&A chairman DeNunzio joins Wells Fargo: sources
By Liana B. Baker(Reuters) - Longtime Credit Suisse Group AG investment banker David DeNunzio is leaving the Swiss bank to become global head of mergers and acquisitions (M&A) at Wells Fargo &...
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THE PAYMENTS INDUSTRY EXPLAINED: The trends creating new winners and losers...
The way we pay is changing dramatically. For example, people are beginning to use their smartphones for every kind of formal and informal transaction — to shop at stores, buy songs online, and even...
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People in Japan are being paid to have babies, and it seems to be working
Japan's nationwide fertility rate just hit its highest level in 21 years.The total rate increased to 1.46 in 2015, slightly up from the previous rate of 1.42 in 2014, according to the health...
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Exclusive: NY Fed first rejected cyber-heist transfers, then moved $81 million
By Krishna N. Das and Jonathan SpicerDHAKA/NEW YORK (Reuters) - Hours before the Federal Reserve Bank of New York approved four fraudulent requests to send $81 million from a Bangladesh Bank account to...
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Saudi Arabia might pull a Qatar
Saudi Arabia might pull a QatarJoin the conversation about this story »NOW WATCH: Doctors now say this type of cancer isn’t actually cancer — and the new classification is changing thousands of lives
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Immigrants are moving to these US cities
The US Census Bureau publishes annual estimates of population changes in the 381 government-defined metropolitan statistical areas in the country. Along with overall population change, the bureau also...
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Here's how you bankrupt a club by 25 and then claw your way back to the top...
You are at a party and it's swelteringly hot.In fact it's one of those super-sticky hot weekends at the end of the summer when the sun is relentless and breathing makes you thirsty.Your party is in...
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This app wants to help even the most clueless people become savvy art collectors
.Join the conversation about this story »NOW WATCH: How to turn your MacBook into an external hard drive by pressing one button
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Millennials can't get anything done at work because they're wasting time on...
Millennials are a problem at work.At least that's what people are telling the Dallas Federal Reserve.On Tuesday, the latest Dallas Fed manufacturing report showed that factory activity slowed down much...
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'It's not even close': Mark Cuban brags that he has much more in liquid...
Mark Cuban questioned Donald Trump's wealth during an interview on WABC's "The Bernie and Sid Show," BuzzFeed reported.The brash business mogul and owner of the NBA's Dallas Mavericks said that Trump's...
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The top 5 fintech predictions for 2016
Technology is upending established workflows and processes in the financial services industry. Tasks once handled with paper money, bulky computers, and human interaction now are being completed...
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5 former Goldman Sachs interns explain how to prepare for life on Wall Street
In just a few weeks, hundreds of students will flock to investment banks to try their hands as young financiers.If you're one of those people — about to kick off a Wall Street internship — you might be...
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There's a 'tsunami' starting in one market
A tidal wave may be coming to the bond market, and it's not going to be pretty.At least that's the view of Matthew Mish, credit strategist at UBS. To Mish, the elevated rates of defaultin the commodity...
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Traditional banks may be in trouble due to digital banking
The BI Intelligence Content Marketing Team covers news & research we think you would find valuable.More millennials are moving toward digital banking, and as a result, they're walking into their...
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This is what happens to your brain and body when you check your phone before bed
Staring at screens right before sleep turns out to be a lot worse than previously thought. Dr. Dan Siegel, clinical professor of psychiatry at the UCLA School of Medicine, lays out all of the negative...
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5 successful women at Morgan Stanley share their best career advice
Wall Street has not traditionally been a woman's world.At the senior level, women make up only 20% to 35% of executives on the Street.But there are women who have made it, and they can serve as...
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Paraguay gets debt payment demand from Venezuela's PDVSA - Petropar president
ASUNCION, Paraguay (Reuters) - Paraguay's state-run oil firm Petropar said Saturday that Venezuelan state oil producer PDVSA [PDVSA.UL] had set a 10-day deadline for the Paraguayan company to pay off...
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Law school is either a great or terrible investment — here's a simple way to...
Should you go to law school? The average debt of a 2012 law-school graduate who took out at least one loan was $84,600 for public school and $122,158 for private school.To determine whether law school...
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