Banks

The FINANCIAL -- MasterCard on June 15 became the first payment network to provide tokenization services to private label (store-branded) credit card issuers, enabling merchants to take advantage of the latest digital payment innovations. BJ’s Wholesale Club, Kohl’s and JCPenney will be among the first retailers to bring mobile payments to their private label cardholders later this ...

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The FINANCIAL -- HSBC Holdings PLC on June 9 said it would reduce its head count by up to 50,000 as part of a global overhaul to improve the profitability of its sprawling operations, according to ...

The FINANCIAL -- NatWest and RBS will offer customers access to Apple Pay, which is transforming mobile payments with an easy, secure and private way to pay, when it launches in the ...

The FINANCIAL -- The European Bank for Reconstruction and Development (EBRD) has signed today an agreement for the sale of its stake in Privredna banka Zagreb d.d. (PBZ), one of the leading financial ...

The FINANCIAL -- The European Central Bank lifted emergency funds for Greek banks by the biggest weekly amount since February, as uncertainty over the country's future in the eurozone is pushing ...

The FINANCIAL -- South Korea central bank cut interest rates for the second time this year, as a deadly viral outbreak threatens economic growth and the export-driven economy struggles with flagging ...