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Tag Archives: financial services

Standards body based in Md. updates standard for PIN transactions (access required)

A Maryland-based non-profit organization that develops domestic and international standards for the financial services industry has updated one of its standards. Accredited Standards Committee X9 Inc., which is in Annapolis, has updated its standard for symmetric key management, called ANSI X9.24-1, or Retail ...

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Service firms grows at fastest pace in a year

WASHINGTON — U.S. service companies grew in February at the fastest pace in a year, buoyed by higher sales and more new orders. The Institute for Supply Management says its index of non-manufacturing activity rose to 56 in February from ...

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Service firms grew slightly faster in July (access required)

WASHINGTON — U.S. service companies, which employ 90 percent of Americans, grew at a slightly faster pace in July. The Institute for Supply Management reported Friday that its index of non-manufacturing activity picked up slightly last month with a reading ...

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Service firms grew at slowest pace in 2 years

WASHINGTON — U.S. service companies grew in June at the slowest pace in nearly two and a half years, more evidence that the economy has weakened. But those same firms boosted hiring last month, supporting other data that show job ...

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Capital One 2Q profit up, plans $2B stock offering

MCLEAN, Va. — Capital One Financial Corp. said Wednesday that its second-quarter profit climbed 50 percent as it made more money from deposits, loans and fees. The financial services company also announced a $2 billion stock offering. The earnings beat ...

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