Sun.Apr 07, 2024

article thumbnail

Amazon debuts app for palm payment

Payments Dive

The Amazon One app can be used to enter various locations, identify individuals, pay for items and access loyalty rewards.

Payments 397
article thumbnail

NatWest criticised over £1.2m pay for boss with ‘limited experience’

TheGuardian

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

Groups 106
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Innovation Versus Cost Management

Alex Jimenez

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.

article thumbnail

Citi: The megabank that is always rebuilding

American Banker

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?

Company 74
article thumbnail

Back to Basics with Reconciliations

Join us in this webinar, where we share best practices on how to think about the reconciliation work each month, when best to do reconciliations, how they should be prepared, and some common pitfalls to avoid. Learning Objectives: This course objective is to understand how to properly prepare and review balance sheet reconciliations and its impact on the financial statements.

article thumbnail

Mastercard launches additional cardholder capabilities

The Paypers

US-based payment technology corporation Mastercard has announced additional credit card benefits to improve health, travel, and lifestyle rewards for consumers and SMEs.

US 41