Amazon debuts app for palm payment
Payments Dive
APRIL 7, 2024
The Amazon One app can be used to enter various locations, identify individuals, pay for items and access loyalty rewards.
Sun.Apr 07, 2024
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NatWest criticised over £1.2m pay for boss with ‘limited experience’
TheGuardian
APRIL 7, 2024
Governance adviser says Paul Thwaite could have been offered lower starting salary than predecessor Alison Rose NatWest has been criticised for paying its new boss a salary of £1.2m despite his “limited experience” as a chief executive, amid a wider shareholder backlash in the City of London over bumper corporate pay. As the government prepares to sell shares in the bank before the general election, Institutional Shareholder Services (ISS) warned that Paul Thwaite would be paid the same salary a
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Innovation Versus Cost Management
Alex Jimenez
APRIL 7, 2024
In late 2022, as the US unemployment rate hit a nine-year high, bank executives met to discuss changes in their strategy. Some reported that they were de-prioritizing digital transformation in favor of cost-cutting. One executive told me that while he still supported innovation, it would have to wait. Pausing Innovation This was on my mind when reading this article about Nike’s innovation woes.
Citi: The megabank that is always rebuilding
American Banker
APRIL 7, 2024
The company has long been criticized for its lagging financial performance and its complexity. CEO Jane Fraser is pushing through Citigroup's most recent transformation plan, but will she succeed where her predecessors have failed?
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Mastercard launches additional cardholder capabilities
The Paypers
APRIL 7, 2024
US-based payment technology corporation Mastercard has announced additional credit card benefits to improve health, travel, and lifestyle rewards for consumers and SMEs.
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