Snapchat’s recent efforts to boost its ad offerings are paying off as brands such as Kraft Foods, Tiffany and Burger King have woken up to the potential of engaging playfully with consumers on the platform. […]
Chip cards are more secure than magnetic-strip cards but take twice as long to process at checkout, averaging 13 seconds. Consumer frustration with chip cards could pave the way for greater acceptance of mobile transactions, […]
The share prices for Chinese companies with recent initial public offerings are posting spectacular gains. The average increase for the 62 companies that have completed their first month of post-IPO trading this year is a […]
The Bank of England has cut its key interest rate by 25 basis points to a record-low 0.25%, moving to cushion the blow of the UK’s planned withdrawal from the EU. The central bank says […]
The value of assets managed by registered investment advisers’ robo-advice platforms jumped 61% in the 12 months through March 31, according to a study by InvestmentNews and BlackRock. Only 8% of advisory firms have robo-advice […]
The National Development and Reform Commission, China’s top state planning agency, said the country will wait for “the appropriate time” to bring down interest rates and relax the bank reserve requirement ratio. The commission said […]
Time Warner has acquired a 10% stake in streaming service Hulu for $583 million. The partnership is part of Hulu’s strategy to become more competitive by offering live and recorded content from cable and broadcast, […]
Thomson Reuters has joined R3, a global consortium of financial institutions working to apply blockchain technology to the financial industry. Thomson Reuters is the first major data and technology provider to join the consortium. Reuters […]
Big banks such as Citibank, JPMorgan Chase and Bank of America are using online and televised videos to demonstrate to consumers and employees the importance of banking to the global economy. Americans still carry negative […]
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