China has leapfrogged the payment industry. Most people pay by phone – and the majority are customers of Ant, a local firm with global ambitions.
Charles Scharf, a tech-focused former Visa executive and veteran banker, will also serve as Chairman.
The transition won’t be easy, but blockchain technology could benefit both insurers and policyholders.
By acquiring CardConnect, First Data has much to gain – most importantly a boost in financial technology in the ERP space.
A recent infusion of $100 million from Japan’s SoftBank gives Brazilian start-up 99 advantage over rival Uber in the Latin American market.
Our discussion with Maureen Jensen – Chair & CEO, Ontario Securities Commission on leadership and the power of diversity.
Looking to complete its turnaround and build up its data mining capabilities, AIG has named Brian Duperreault as its new CEO.
In the latest step of CEO Tidjane Thiam’s plan to restructure and address capital concerns, Credit Suisse plans to raise $4 billion through a share sale.
Investment firm Silver Lake has closed a new $15 billion buyout fund for technology deals, as private equity continues to focus on the technology sector.