JP Morgan Chase (NYSE: JPM)

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. On ...

ShipBob is reportedly planning to launch its initial public offering (IPO) as soon as late 2024. The listing could value the eCommerce fulfillment service provider at about $4 billion, Bloomberg reported ...

The largest U.S. banks are reporting a slowdown in lending. Bank of America and PNC were the latest to do so, with the former reporting Tuesday (April 16) that lending was “sluggish” and the ...

The largest U.S. banks cut a total of more than 5,000 jobs during the first quarter. They did so to control costs during an uncertain economic climate in which investors are ...

Business data API provider Codat and JPMorgan Chase have teamed to promote virtual card adoption. It’s the thinking behind the launch of Codat’s Supplier Enablement data product. Announced Tuesday (April 16), it lets businesses more ...

JPMorgan Chase CEO Jamie Dimon weighed in on all manner of subjects in his latest annual letter to shareholders — taking particular note of the changing competitive landscape in financial ...

JPMorgan Chase has announced a new organizational structure for its Global Banking (GB) business. The GB business now brings together the bank’s Commercial, Corporate and Investment Banking lines, according to a memo ...

Chase is reportedly getting deeper into the world of retail media. The banking giant’s new Chase Media Solutions unit will let advertisers target Chase customers with discounts and deals related to their spending history, ...

Earnings season begins anew in just a few weeks, documenting the first few months of the year — and how the March quarter shaped up for all manner of enterprises. And ...

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 lending ...

Traditional B2B payments, with end-to-end processes frequently characterized by delays and complexities, remain stubbornly intractable.  But with the Federal Reserve Bank of Atlanta highlighting on Monday (April 15) that the Federal Reserve ...

Healthcare is its own unique beast, from payments to marketing strategies to the intricacies of its supply chain. The sector is witnessing a transformation, especially in the B2B domain. Digital payments, online procurement ...

Tokenization is gaining momentum on the global stage, and with commercial applications. The Bank for International Settlements announced Wednesday (April 3) that it is working in tandem with seven central banks — including ...

Throughout nearly their entire history, cryptocurrencies have represented the archetypal innovation in search of a problem. And while they’ve succeeded as an unregulated store of value, as well as a tool for scammers, ...

Jim Scurlock, senior director and assistant treasurer at Expedia, and Larson McNeil, co-head of marketplaces and digital ecosystems at J.P. Morgan Payments, told Karen Webster that the role of the ...

It is 2024, and the $2.9 trillion cryptocurrency sector doesn’t appear to be going anywhere. That’s despite a 2022 and 2023 that saw the total market capitalization shrink down over half from earlier ...

Bank of America clients had a record 23.4 billion digital interactions with the bank in 2023. Those interactions include logging into their accounts 12.8 billion times and receiving 10.6 billion proactive digital ...

Beyond the debit and credit card issuance, beyond the consumer spending, the networks see growth ahead underpinned by new payment flows. The recent spate of earnings results from Mastercard and from ...

Payment fraud incidents have been on the rise, increasing 88% since December 2021, PYMNTS Intelligence research reveals. For instance, 11% of consumers who paid for groceries experienced payment fraud in March ...

As 2024 gets underway, digital transformation continues its march into increasingly nuanced areas of our everyday lives — and payment experiences are no exception. Technology-savvy millennials and Generation Z consumers ...

Earnings season, so far — and chiefly through the big banks — is pointing to some strength in consumer credit. And that strength has been measured through FICO scores detailed by ...

Earnings season begins anew in just a few weeks, documenting the first few months of the year — and how the March quarter shaped up for all manner of enterprises. And ...

Credit card delinquencies fell slightly last month while net charge-offs continued with their upward trajectory. That’s according to a report Monday (March 25) by Seeking Alpha, citing data from eight lenders. ...

As brands and retailers look for ways to win the spending of their highest-value customers, PYMNTS Intelligence research found that installment plans linked to bank-issued credit cards can go a ...

Before Capital One acquired Discover Financial last month, J.P. Morgan Chase reportedly considered its own bid. The country’s largest bank spent roughly a year exploring a deal to gain control of ...

In any industry, a $35 billion deal is, of course … a big deal. But in financial services, the news that Capital One has set the stage to buy Discover Financial ...

Beyond the debit and credit card issuance, beyond the consumer spending, the networks see growth ahead underpinned by new payment flows. The recent spate of earnings results from Mastercard and from ...

America’s credit card companies ended December with delinquencies and charge-off rates essentially unchanged from November. And as a Monday (Jan. 29) Seeking Alpha report notes, the average rates of charge-offs and ...

Earnings season’s here, with JPMorgan among the most visible names reporting Friday morning (Jan. 12).  And the big bank’s metrics are showing evidence that consumer spending is still strong. But as ...

Last month’s credit card data indicates an ongoing deterioration of credit quality. That’s according to a report Sunday (Nov. 19) by Seeking Alpha, which says a survey of last month’s card ...

Retail inventories climbed in February after being flat the prior month. According to the Commerce Department’s Monthly Retail Trade and Food Services report released Monday (April 15), inventories rose 0.6% month over ...

Banks need new revenue streams. Retailers (and other businesses operating with razor-thin margins) need to fine-tune their go-to-market strategies and gain higher returns on marketing and advertising spend. To that end, J.P. ...

J.P. Morgan Chase unveiled its latest venture, a retail media network called Chase Media Solutions, Wednesday (April 3), marking a move toward personalized advertising within the banking sector. Retail media networks have become ...

With consumers looking for more frictionless authentication, retailers ranging from Whole Foods to Steak ’n Shake are adding biometric payments. Amazon has been looking to remove friction from its Amazon One pay-by-palm capability, most recently launching an app to make ...

U.K. and U.S. retailers are reportedly finding that deep discounts aren’t enough to woo consumers. “Even the strongest and highest profile brands up and down the country are struggling,” said Julie Palmer, a partner ...

As brands and retailers look for ways to win the spending of their highest-value customers, PYMNTS Intelligence research found that installment plans linked to bank-issued credit cards can go a ...

It is 2024, and the $2.9 trillion cryptocurrency sector doesn’t appear to be going anywhere. That’s despite a 2022 and 2023 that saw the total market capitalization shrink down over half from earlier ...

As 2024 gets underway, digital transformation continues its march into increasingly nuanced areas of our everyday lives — and payment experiences are no exception. Technology-savvy millennials and Generation Z consumers ...

Main Street small and medium-sized businesses (SMBs), which faced challenges during the pandemic and managed to stay afloat, are aiming to stabilize their finances in the current inflationary market conditions. ...

J.P. Morgan Payments processed a record number of card-not-present transactions in Europe on both Black Friday (Nov. 24) and Cyber Monday (Nov. 27). The firm processed 18.2 million transactions on Black ...