August 18 – Samsung Electronics Co., Ltd., has unveiled that Samsung Pay, a secure and easy-to-use mobile payment service that can be used to make purchases nearly everywhere cards are accepted, will launch in Korea on August 20 and in the U.S. on September 28. Samsung plans to roll out the service in the U.K., Spain and China, with partners to be named in each market.
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August 17 – Federal Reserve Bank of Kansas City president and CEO Esther L. George will serve as the opening keynote speaker for the “Faster Payments Imperative: Transforming the Market,” a one-day symposium presented by PYMNTS.com and NACHA — The Electronic Payments Association®. The event will take place on Tuesday, Oct. 6, at the Hyatt McCormick Place in Chicago.
August 12 – PYMNTS.com has partnered with NACHA—The Electronic Payments Association® to present “Faster Payments Imperative: Transforming the Market,” on Tuesday, October 6, at the Hyatt McCormick Place in Chicago.
July 17 – Do you spy on the spending of others? Thirteen percent of Americans admit to tracking the spending of their parents, children or their significant other via their mobile banking app, and men are more likely than women to keep a watchful eye (16 percent vs. 11 percent). (more…)
December 3 – The Federal Home Loan Bank of Seattle (Seattle Bank) has announced the appointments of Michelle Griffith of Ketchum, Idaho, and Andrea Davis of Missoula, Montana, to the Seattle Bank’s Affordable Housing Advisory Council (Advisory Council). The bank also reappointed Roy Katsuda of Maui, Hawaii, as the Advisory Council representative from Hawaii. Ms. Griffith, Ms. Davis, and Mr. Katsuda will serve three-year terms beginning January 1, 2015, and ending December 31, 2017.
April 16 – CO-OP Financial Services has entered an agreement with Visa Inc. to make the Visa EMV common debit solution available to its credit union clients, offering a streamlined and cost-effective approach to debit EMV adoption.
April 15 – Bank of the West has announced that its Quick Balance mobile app won the Monarch Innovation Award for Most Innovative 2014 Product/Feature. The award was presented by Barlow Research Associates during a Webcast held earlier today. The annual award is presented to financial institutions and industry partners in recognition of business to business innovations.
April 15 – Urban Trust Bank (UTB) FSB, a federally chartered, full-service community bank serving Orlando and Jacksonville, Fla., has entered into a banking partnership with Seminole Work Opportunity Program (SWOP). SWOP is a private 501(c)(3) organization that provides vocational, educational, and community-based employment training to adults in Seminole County with developmental disabilities by offering local businesses a variety of services including mail fulfillment, hand assembly, light manufacturing and clerical assembly.
Nov 22 – Agriculture Deputy Secretary Krysta Harden has announced the appointment of 20 members to serve on the Secretary’s Advisory Committee on Beginning Farmers and Ranchers during a trip to the University of Delaware. The committee will provide guidance to the Secretary on expanding opportunities that will help beginning farmers and ranchers succeed in agriculture.
Aug 1 – Financial Services Committee Ranking Member Maxine Waters, joined by 37 of her fellow Democrats, delivered a letter urging President Obama to nominate Janet Yellen, current vice chairman of the Board of Governors of the Federal Reserve System, to replace Ben Bernanke as chairman of the Federal Reserve when his term expires.