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29 Mar 2024, 6:00 am by Michelle
EU Regulation Forces Retailers to Rethink Loyalty ProgramsPYMNTS – March 18, 2024  Read anything about the recent March 7 enforcement date for the EU’s new Digital Markets Act (DMA) and you’ll inevitably see a focus on big tech companies, potential fines and a general sense that this is a salvo in the EU’s desire to become “a digital cop. [read post]
1 Dec 2023, 6:00 am by Michelle
JPMorgan Chase, Bank of America, Citibank and Wells Fargo are the principal Class B shareholders, according to the Tuesday filing, which provides a 15-page disclosure about the program. [read post]
27 Oct 2023, 6:00 am by Michelle
“Interlinking arrangements among fast payment systems (FPS) are one of the most promising solutions for enhancing cross-border payments, offering the prospect of significantly faster, cheaper, more accessible and transparent cross-border payments,” the report said. . . . [read post]
22 Sep 2023, 6:54 am by Zak Gowen
As the space continues to evolve, tech will continue to play a crucial role at checkout. [read post]
22 Sep 2023, 4:00 am by Jim Sedor
Less than three months later, Milione again landed a plum job at Guidepost Solutions, a firm hired by some of the same companies he had been tasked with regulating when he returned to the DEA in 2021. [read post]
2 Jun 2023, 7:54 am by Zak Gowen
The tech giant is teaming with U.S. healthcare insurer Humana to develop that feature. [read post]
5 Apr 2023, 2:34 pm by Chris Dreyer
Some other ways to uplevel your payment offerings include: Implementing automated invoicing and payment reminders Establishing clear collection policies and procedures Monitoring accounts receivable to identify and resolve overdue payments If a lot of your accounts are in arrears and you’re constantly chasing down clients who owe you, adding more payment options could be a solution. [read post]
26 May 2022, 8:58 am by Zak Gowen
“We want to centralize all financial solutions on one platform so it doesn’t feel like it’s 25 different things,” Julia Unger, vice president of financial services at Walmart, said during American Banker’s Payments Forum this week. [read post]
13 Dec 2021, 5:40 am by Casey Flaherty
Gravitating to tech-first solutioning is understandable. [read post]
2 Jul 2021, 2:17 pm by Rachel Casper
She also is very involved with the Women of Legal Tech, one of her many honors was last year becoming an ABA Legal Rebel. [read post]
14 May 2021, 7:51 am by Kristian Soltes
The fintech behemoth, founded by the fabled so-called “PayPal Mafia” that included the tech tycoon Elon Musk and investor Peter Thiel in 1999, is riding high on a mounting wave of digital payments after Covid-19 caused online shopping and contactless payments to surge. [read post]
28 Jan 2021, 9:34 am by Kristian Soltes
Among the institutions on the pilot list are major banks like Capital One Financial Corp., Citigroup Inc., Goldman Sachs Group Inc., JPMorgan Chase & Co., and Wells Fargo Co. [read post]
4 Jan 2021, 1:26 pm by Kevin LaCroix
The suits filed against life sciences and high-tech companies taken together represented about 28.5% of all 2020 federal court securities class action lawsuits. [read post]
12 Nov 2020, 7:24 am by Kristian Soltes
Ross on Monday found retailer MNG 2005 Inc. made a strong enough case to beat Visa’s dismissal bid, though he tossed antitrust claims and released JPMorgan Chase Bank NA and subsidiary Paymentech LLC from the majority of claims against them. [read post]
29 Oct 2020, 7:36 am by Kristian Soltes
At JPMorgan Chase, the firm’s digital currency JPM Coin is being used commercially for the first time this week by a large technology client to send payments around the world, said Takis Georgakopoulos, the bank’s global head of wholesale payments. [read post]
22 Oct 2020, 7:06 am by Kristian Soltes
No Overhaul Likely After House Antitrust Tech ReportLaw360 – October 16, 2020 (subscription required) A House panel released its findings earlier this month from a yearlong investigation into Amazon, A [read post]
8 Oct 2020, 8:56 am by Kristian Soltes
” The named consumer plaintiffs in the case at hand, Andrew Mackmin and Sam Osborn, reached the deal with Bank of America, National Association; NB Holdings Corp.; Bank of America Corp.; Chase Bank USA NA; JPMorgan Chase & Co.; JPMorgan Chase Bank NA; Wells Fargo & Co.; and Wells Fargo Bank NA. . . . [read post]
27 Aug 2020, 8:07 am by Kristian Soltes
The other is reports that JPMorgan Chase is in discussion with the USPS to offer ATMs, cash support and other financial services by leasing space in the postal network. [read post]
24 Jul 2019, 10:00 am by Kristian Soltes
Meanwhile, the Chase Freedom and Discover It card offer 5% cash back for shopping in categories that rotate quarterly. . . . [read post]