Wells Fargo has recently revealed that over 5,000 of its automated teller machines (ATMs) have now been upgraded to include support for cardless withdrawal transactions. Instead of using their bank cards, customers can just make full use of near field communications technology (NFC), the same tech being tapped in mobile payment systems such as Apple Pay, Android Pay, and Samsung Pay.
AT&T is yet to formally publish its official fourth quarter earnings report for 2015. However, Wells Fargo Securities has already made some predictions (and even recently adjusted its estimates) regarding the latest quarter performance figures for the second biggest wireless carrier in the United States. According to Wells Fargo, AT&T will report fewer additions of postpaid subscribers compared to what was previously estimated, on account of less aggressive promotional efforts than what the wireless carrier had managed in the last few years. Wells Fargo, however, forecasted that AT&T will post higher EBITDA margins (earnings before interest, tax, depreciation, and amortization).
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