Unfinished Business: Max Levchin’s Quest To Build the Next PayPal
He cofounded PayPal, helped launch Yelp, and his new startup wants to make the credit card obsolete.
Content: Thought Leader | Author: Austin Carr | Source: Fast Company | Subject: Entrepreneurship | Industry: Finance / Banking
US Mobile Payments to Top $1 Billion in 2013
Remittances Worldwide
The First Customers
In a new market, you need to secure a foothold. World domination can come later.
Content: Case Study | Author: Stephen Wunker | Source: The Conference Board Review | Subjects: International – Africa, Management, Strategy | Industries: Finance / Banking, Telecommunications | Company: Celpay
Mobile Payments To Triple To $670B By 2015; Digital Goods Will Represent 40% Of Transactions
Remote Mobile Payment Users to Reach 2.5B in ’15
Juniper: NFC Payments To Reach $50 Billion Worldwide By 2014
Mobile Payments Take Hold Around the World
Demystifying Swiss Bank Accounts
Credit Card Usage Remains Low
Identity Fraud Hits 11M US Adults
Credit-Card Mailings Rise 34%; Debt Rises Too
New Private Equity Fellowship For Minority MBA Graduates Launched
The Carlyle Group and the Robert Toigo Foundation will launch a private equity MBA fellowship intended to attract minority MBA candidates to the sector.
Content: Prospective MBA Content | Subjects: Venture Capital, Women & Minority MBA Issues | Industry: Finance / Banking
A Stirring in the Loan Market
Credit-Card Mailings Drop 26%; Offers to Wealthy Hold Steady
Systemic Banking Crises: A New Database
This paper presents a new database on the timing of systemic banking crises and policy responses to resolve them. The database covers the universe of systemic banking crises for the period 1970-2007, with detailed data on crisis containment and resolution policies for 42 crisis episodes, and also includes data on the timing of currency crises and sovereign debt crises. The database extends and builds on … [ Read more ]
Content: Article | Authors: Fabian Valencia, Luc Laeven | Source: International Monetary Fund | Subjects: Economics, Finance, History | Industry: Finance / Banking
Mobile Payments to Grow
To Guide or Not to Guide
An investigation shows that investors suffer when firms stop giving quarterly earnings guidance.
Content: Article | Authors: Baruch Lev, Jennifer Tucker, Joel F. Houston | Source: STERNbusiness (NYU) | Subjects: Finance, Market/Investment | Industries: Finance / Banking, Investing
Private Banks as Corporate Shareholders: Lessons from History
In the U.S. in 1906, the prominent private bank Kuhn Loeb – prompted by the scandal of the Armstrong Investigation – withdrew from the boards of all non-bank corporations. This historical announcement changed the course of corporate governance, and ultimately prevented private banks from being activist shareholders in the United States. In the paper “The Value of Private Banks in Corporate Governance: Evidence From the … [ Read more ]
Content: Article | Author: Miguel Cantillo | Source: IESE Insight | Subjects: Finance, History | Industry: Finance / Banking
When Washington Shut Down Wall Street: The Great Financial Crisis of 1914 and the Origins of America’s Monetary Supremacy
Professor, author and prominent economic advisor Silber chronicles an era when the U.S.’s reliance on the gold standard was leading it head-on into its first major financial crisis. The outbreak of WWI in 1914 yielded the biggest gold outflow in a generation, jeopardizing America’s reputation with creditor nations and sending the world market value of the dollar into a tailspin. Enter Treasury Secretary William McAdoo, … [ Read more ]
Content: Book | Author: William L. Silber | Subjects: Finance, History | Industry: Finance / Banking