finance - News, Features, and Slideshows

• SunEdison drops $2.2B to acquire Vivint Solar

  SunEdison, the world's largest renewable energy development company, announced a definitive agreement to buy Vivint Solar, one of the largest providers of residential rooftop solar systems.

• Software update caused NYSE suspension

  An incompatibility with a software update and subsequent attempt to fix it were the root cause of glitch that forced a nearly four hour long suspension of trading on the New York Stock Exchange on Wednesday.

• Glitch brings major disruption to NYSE trading

  The New York Stock Exchange suffered its biggest outage in more than 10 years on Wednesday when an unspecified technical glitch forced a 3.5-hour long suspension of trading.

• The Upload: Your tech news briefing for Thursday, July 2

  Line up for IPv4 addresses... HP makes PC/enterprise split official... PayPal to buy money transfer service Xoom... and more tech news

• Apple Pay heads across the Pond

  Apple Pay will launch in the U.K. in July, where it will initially work at 250,000 retail locations and the London transit system -- with credit card support from eight major banks, Apple announced Monday.

• FAQ: What you need to know about chip-embedded credit cards

  Banks have been sending millions of Americans credit and debit cards equipped with computer chips to improve the security of in-store purchases.

• Apple Watch won't boost Apple Pay payments by much

  The Apple Watch supports Apple Pay, but it's unlikely that the smartwatch, coming April 24, will significantly boost the number of mobile payments made by U.S. customers.

• Gimme shelter: Wall Street braces for next superstorm

  Heading into the heart of hurricane season 10 months after Sandy slammed the New York metropolitan area, Wall Street has had time to reassess and revamp backup plans.

• Banking services aim to help Gen Y manage money

  PNC Financial Services is targeting 18- to 24-year-olds with its Virtual Wallet, a mobile and online banking service that is designed for people who are setting up their first bank accounts. Since the service launched in August 2008, PNC is averaging 200 new accounts per day, says Michael Ley, vice president at PNC.

• How IT could have prevented the financial meltdown

  In the coming weeks the feds and the surviving financial services institutions will have the daunting task of unraveling all the securitized loans and other instruments that are hiding the toxic investments. But does the technology exist to do that? And if so, could it have been used to prevent the bad debt from hitting the fan in the first place?

Whitepapers about finance

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  Electronic Signature Guide for Banks

  Today, your customers want service quickly, at their convenience. Customers need to be able to do everyday banking, open accounts, sign loans and more, from anywhere, at any time, on any device. They are seeking the omni-channel experience, with the flexibility to start a transaction in one channel and complete it in another. As a result, the traditional way of signing forms and documents is changing – from paper to paperless. Read more here

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  Enabling Finance in a Digital Enterprise to Plan, Monitor, and Predict

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  The finance dilemma: Rising expectations, diminishing returns

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  Outsourcing by Financial Services Companies: Impact of the OCC and FRB Guidelines