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May 20th, 2012 in
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In the near future no one at Aeropostale or Foot Locker will need to fuss with filthy, disgusting credit and debit cards when they wish to purchase clothing and footwear — they will be able to simply tap their phones to a point-of-sale terminal. ISIS has released a list of its partner merchants, both nationwide and in two test markets — Austin, Texas and Salt Lake City.
ISIS, the mobile wallet application supported by AT&T, T-Mobile and Verizon, promises to “fundamentally transform how people Read the rest of this entry »
At my parents’ house in San Francisco, I’m just literally two blocks from the businesses that provided me my first high school jobs: the bagel shop, which has changed hands and name by now, and the smoothie shop, which is long out of business (in fact, that was the first job I was ever laid off from). If I go further afield, to downtown San Francisco, I can visit the themed diner that gave me my first gig waiting tables on summers home from college. Unlike at Manhattan Bagel and Juice It!, however, Read the rest of this entry »
Combine an election year, a highly disputed and complex regulatory law, a massive and freaky trading loss by a respected bank, and a multimillionaire Republican candidate, and you get a delicious stew of overly politicized regulatory arcania. The Wall Street Journal on Thursday reports that the White House is pushing for a tougher version of the Volcker rule, and that it might have something to do with November.
The Journalreports that President Obama’s financial team from his election campaign Read the rest of this entry »
PayPal has largely been a cashless operation, until now. Through a partnership with coin-counting machine provider Coinstar, PayPal transforms Coinstar kiosks into machines that also double as ATMs for PayPal customers.
In 2011, PayPal piloted these kiosks in local grocery chains in Dallas, Texas to test another way for customers to fund and withdraw from their accounts.
“The results have been impressive. We’ve found that 40 percent of our testers go back to use PayPal at Coinstar machines Read the rest of this entry »
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