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3 May 2024, 6:00 am by Michelle
Industry Developments SPOTLIGHT: Real-Time Consumer Payments Need Standards to RisePayments Dive – April 30, 2024 The payments industry must jointly develop a common set of standards for using real-time payments if the new transaction type is to become a reality for consumers, top payments executives from JPMorgan Chase and Walmart said on a Payments Dive panel last week. [read post]
26 Apr 2024, 6:00 am by Michelle
JPMorgan Chase’s Plan for Face and Palm PaymentsAmerican Banker – April 22, 2024 (subscription required) JPMorgan Chase is preparing a broad rollout of a biometric authentication system at U.S. retailers in 2025, following experiments it has run over the past year. [read post]
24 Apr 2024, 12:17 pm by Geoff Schweller
According to Bloomberg, the CFTC “has reached out to a number of banks, including JPMorgan Chase & Co., Bank of America Corp. and Citigroup Inc. [read post]
18 Apr 2024, 3:30 am by HR Daily Advisor Staff
Before Andrew Scivally and his brother started ELB Learning in 2009, he oversaw learning and development teams for JPMorgan Chase and Zions Bank. [read post]
5 Apr 2024, 6:00 am by Michelle
The Forces Driving JPMorgan Chase to Build a Digital Media BusinessAmerican Banker – April 4, 2024 (subscription required) Chase Media Solutions, the media unit JPMorgan Chase launched this week, will help the bank develop more credit and debit card loyalty programs funded directly by merchants instead of the increasingly fraught card network swipe-fee system, while targeting the bank’s customers more precisely than its previous card-linked… [read post]
29 Mar 2024, 6:00 am by Michelle
Legal and Regulatory Developments SPOTLIGHT: Visa, Mastercard Swipe Fee Deal Fails to Stem More LitigationBloomberg Law – March 28, 2024 (subscription may be required) Visa Inc. and Mastercard Inc. [read post]
22 Mar 2024, 7:22 am by Ginger Buck
With its lawsuit, Edelweiss alleged that various affiliates of Bank of America, Barclays, Citigroup, JPMorgan Chase, Morgan Stanley, Fifth Third Bancorp, BMO, and William Blair engaged in widespread fraud and collusion in the fees they charged and the interest rates they set for Illinois tax-exempt municipal bonds known as VRDOs. [read post]
21 Mar 2024, 12:48 pm by Melissa Tremblay
  The defendant banks included: Bank of America, Barclays, Citigroup, JPMorgan Chase, Morgan Stanley, Fifth Third Bancorp, BMO, and William Blair. [read post]
8 Mar 2024, 6:00 am by Michelle
Industry Developments SPOTLIGHT: JPMorgan Joins France’s Payments Network CB to Skirt Visa, MastercardReuters – March 5, 2024 JPMorgan Chase & Co said on Tuesday it had joined France’s leading payments network Cartes Bancaires (CB), becoming the first U.S. bank to do so as it seeks to offer cheaper card payment costs to its clients in the country. [read post]
6 Mar 2024, 5:59 am by Satya Marar
It will also be the country’s biggest credit-card issuer, with a market share of 19%, ahead of current market leader JPMorgan Chase’s 16%. [read post]
7 Feb 2024, 9:01 pm by renholding
On January 29, 2024, Acting Comptroller of the Currency Michael Hsu spoke at the University of Michigan Stephen M. [read post]
26 Jan 2024, 12:52 pm by Evan Brown
JPMorgan Chase Bank, N.A., 2024 WL 283474 (S.D.N.Y., January 25, 2024) See also: Customer was not “under duress” to agree to clickwrap agreement for continued services Court finds clickwrap independent contractor agreement enforceable Court holds browsewrap agreement not enforceable [read post]
18 Jan 2024, 2:00 pm by Mike LaChance
" The post JPMorgan Chase CEO Jamie Dimon Cautions Biden, Dems About Demonizing Trump, MAGA Voters first appeared on Le·gal In·sur·rec·tion. [read post]
8 Jan 2024, 4:55 am by Franklin C. McRoberts
Under this principle, “[i]t is not necessary that the precise legal theories presented in the first action also be presented in the second action” (JPMorgan Chase Bank, N.A. v Luxama, 172 AD3d 1341 [2d Dept 2019]), so long as both suits “aris[e] out of the same subject matter or series of alleged wrongs” (JFK Family Ltd. [read post]
2 Jan 2024, 8:33 am by The White Law Group
        The post JPMorgan Chase Lawsuit Alleges Huge Losses in MLPs  appeared first on The White Law Group. [read post]