Image: Bloomberg News
American Express' financial performance is already suffering from the pending loss of its Costco card business in U.S., pressuring the company's focus on emerging payments technology to provide a financial lift to calm nervous investors.
Modern consumer cars may not be as full-featured as the Batmobile or Knight Rider's KITT, but they are getting closer, and a growing number of financial companies want to put their products under the hood.  more »
While Google may be the behemoth in web search, its payments initiatives leave a lot to be desired.  more »
FinTech Forward
FIS Opens Tech 'Garage' in (Where Else?) San Francisco
FIS has designated a permanent area in its San Francisco office to test and showcase mobile banking and payment apps, highlighting the pressure on traditional vendors to stay current on emerging technologies and recruit young tech talent.  read more »