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Buyer Be Ready, Mobile Wallets are on the Rise

There has been significant chatter on the rise of mobile payments and how this emerging technology could potentially disrupt how we buy and sell. However, it may be confusion over the entire mobile pay concept that is the biggest barrier to adoption. While there are a number of business models in the mobile payments world, […]

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Amex’s Grand Slam in Innovative Marketing

Here in New York, the end of summer means the U.S. Open – the biggest, noisiest event in Grand Slam tennis. It ended earlier this week, but it isn’t too soon to reminisce. For folks getting off at the 7 train stop at Flushing Meadows, the first sign they saw welcomed New Yorkers and right […]

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Student Loan Debt Reaches Record High, Continues to Anger Consumers

In 2010, President Obama pledged to raise the percentage of 25 to 34 year olds who hold an associate’s degree or a bachelor degree from 40% to 60% by 2020, creating an additional 8 million graduates. On the 2012 presidential campaign trail, Rick Santorum, a candidate for the GOP nomination, called President Obama a “snob” […]

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“Muppetgate,” The Goldman Sachs Empire Strikes Back

In the recent The Muppets movie, three Muppet fans learn about a plot by an oil baron to drill under Muppet Theater for oil and the fans unite the Muppets to stop the attempt. This past Wednesday, Greg Smith, a former Executive Director at Goldman Sachs, released a scathing resignation letter, published as an Op-Ed […]

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Breaking Down the Facebook IPO Buzz

Facebook just released their long-awaited IPO prospectus on Wednesday. Reading over a news release on the commute home, I thought about how overvalued their stock appeared to be. News outlets are awash with stories of Facebook’s valuation reaching the $75-100 billion range. For perspective, that would place the company’s market cap between Bank of America […]

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Google Wallet Failing to Make Noise

Google Wallet officially launched on September 19, enabling mobile payments on a very select number of smartphones. Google announced partnerships with Citi, MasterCard, Sprint and First Data back in May, and subsequently added Visa, American Express and Discover as partners. Google envisions its Wallet product as a proxy for cash and credit cards, where consumers […]

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Retail Banks Roll Out New Fees

Major retail banks have begun rolling out new fees and angering consumers in the process. Specifically, in September, Bank of America announced that it will start charging its debit card users $5 a month to pay for purchases in 2012. Meanwhile, Citibank customers will be charged a fee for select checking accounts if they don’t […]

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Consumers Angry About Bank Fees

Consumers are seeing an increase in many fees for bank accounts, while at the same time they’re losing some perks that are associated with their debit cards. In fact, the concept of free checking accounts may soon be a thing of the past. What is driving this increase in fees? Regulatory efforts – designed to […]

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