J.P. Morgan Chase reportedly wants to expand its startup and venture capital (VC) customer base. Speaking during a conference Monday (Oct. 2), CEO Jamie Dimon said the country’s largest bank is courting these customers, a move that comes in the wake of a series of high-profile bank failures...
The CEO of luxury conglomerate LVMH reportedly dismissed money laundering allegations against him. The Paris prosecutor’s office said it is undertaking a preliminary investigation into financial transactions between Bernard Arnault and Russian oligarch Nikolai Sarkisov, CNBC reported Monday (Oct. 2). The transactions — involving the...
Kellanova — the company once known as Kellogg — said the spin-off of its cereal business is official. The company announced Monday (Oct. 2) that it had completed the separation, with WK Kellogg Co. now trading on the New York Stock Exchange, allowing Kellanova to focus...
Experian has launched the Experian Smart Money Digital Checking Account and Debit Card, featuring FICO score-boosting Experian Boost. The new offering aims to provide consumers with a way to build credit without accumulating debt, the global information services company said in a Monday (Oct. 2)...
With consumers having grown accustomed to more premium at-home alcoholic beverage options during the pandemic, cocktail brand Bols is seeing the ready-to-drink (RTD) cocktail category only continuing to grow. In an interview with PYMNTS, Gilles Bensabeur, marketing director at The Lucas Bols Company, noted that the major...
For the Consumer Financial Protection Bureau (CFPB), Tuesday (Oct. 3) looms as the beginning of an existential showdown. The challenge to the bureau’s very constitutionality will be heard by the Supreme Court, where oral arguments will focus on how the organization is funded and whether...
Figure out your DNA — that’s the secret to sales when landing on the shelves of retail spaces like Sephora and Ulta Beauty, according to Priyanka Ganjoo, the founder of D2C beauty brand Kulfi. In fact, it’s an important way to avoid getting dropped from such...
Visa has teamed with security firm Expel to help customers guard themselves against cybercrime. The partnership, announced Monday (Oct. 2), is aimed at helping businesses address the rising cost of cybercrime, which is expected to reach $10.5 trillion on a global scale by 2025, according to Cybersecurity Ventures....
According to Link Money CEO Eric Shoykhet, open banking in the United States is taking shape but needs some education in the mix to reach its full potential. “We’ve already seen the development of a lot of the core infrastructure that’s necessary to facilitate open...
