A lawsuit accusing 10 banking giants of overcharging investors on corporate bonds has been resurrected. The reason, as Reuters reported Tuesday (July 2), is because the 2nd U.S. Circuit Court of Appeals in Manhattan has overturned the trial judge’s earlier dismissal of the suit, saying...
Unlocking operational leverage is the name of the game for today’s businesses. In the face of ongoing macroeconomic uncertainty, controlling for what is controllable while making the most of available resources is emerging as a way to capture growth. For instance, Amazon is equipping its...
Fiserv has announced that former J.P. Morgan Global Head of Payments Takis Georgakopoulos will join the company, effective Sept. 3. Georgakopoulos will serve as a senior advisor, executive vice president and a member of the management committee, Fiserv said in a Thursday (June 20) press...
J.P. Morgan Payments has launched a partnership with audit/payment platform Loop. The collaboration announced Tuesday (June 18), is designed to “boost working capital with freight payments,” the companies said in a news release provided to PYMNTS, thus fostering stronger relationships between shippers and carriers. The release cites...
May 28, 2024
Following a trend that has been predicted since JPMorgan Chase announced Chase Media in early April, PayPal has announced the creation of a new advertising division, PayPal Ads, which aims to utilize the company’s vast user data to help advertisers reach targeted audiences. The payments giant would create this ad network using data from user […]
May 22, 2024
Recent announcements from some marquee names in financial services, and commercial partnerships, underscore the use of data, down to the consumer level, in crafting ever-more-relevant card-linked offers. In doing so,...
April 19, 2024
The looming specter of wire fraud has spurred lawmakers to press big banks for better defenses against bad actors — and a detailing of the impact the scams have had on consumers....
March 21, 2024
Banks — the stalwarts of traditional lending — are finding new channels and conduits to getting capital to borrowers, across alternative channels, and with FinTech collaborations forged and expanded. Alternative...
July 03, 2024
JPMorgan Chase’s chief global market strategist Marko Kolanovic is reportedly stepping down. That’s according to a Wednesday (July 3) report by Bloomberg News, citing an internal memo. That memo says that Kolanovic — a 19-year employee of the country’s largest lender and also its head of global research — is resigning so he can explore […]
July 02, 2024
A lawsuit accusing 10 banking giants of overcharging investors on corporate bonds has been resurrected. The reason, as Reuters reported Tuesday (July 2), is because the 2nd U.S. Circuit Court...
June 20, 2024
Fiserv has announced that former J.P. Morgan Global Head of Payments Takis Georgakopoulos will join the company, effective Sept. 3. Georgakopoulos will serve as a senior advisor, executive vice president...
June 18, 2024
J.P. Morgan Payments has launched a partnership with audit/payment platform Loop. The collaboration announced Tuesday (June 18), is designed to “boost working capital with freight payments,” the companies said in a news...
