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JPMorgan Forecasts Rising Interest Income Despite Economic Uncertainty

JPMorgan Forecasts Rising Interest Income Despite Economic Uncertainty
JPMorgan Forecasts Rising Interest Income Despite Economic Uncertainty
May 19, 2025  |  Banking

America’s biggest bank says businesses and consumers are resilient in the face of uncertainty. As such, JPMorgan Chase is projecting that it could earn more from interest...

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Capital One Finalizes $35 Billion Discover Purchase
Capital One Finalizes $35 Billion Discover Purchase
May 18, 2025  |  Partnerships

Fifteen months after it was announced, Capital One’s $35 billion acquisition of Discover is official. The deal, finalized Sunday (May 18), creates the largest credit...

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Lithic Expands Card Issuing Platform to Include American Express Network
Lithic Expands Card Issuing Platform to Include American Express Network
May 14, 2025  |  Credit Cards

Lithic has expanded its card issuing platform to enable FinTechs operating in the United States to issue cards on the American Express network. This addition...

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Chime Sets Sights on the Affluent Consumer and an $86 Billion Revenue Opportunity
Chime Sets Sights on the Affluent Consumer and an $86 Billion Revenue Opportunity
May 14, 2025  |  Banking

In 2022, as the pandemic waned, PYMNTS Intelligence found that only about 9% of consumers used digital banks for their primary financial relationships and accounts....

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Fed Data Shows Credit Card Balances Decline in Q1, but 90-Day Delinquencies Surge
Fed Data Shows Credit Card Balances Decline in Q1, but 90-Day Delinquencies Surge
May 13, 2025  |  Debt

The latest data on household debt from the Federal Reserve Bank of New York, released Tuesday (May 13), indicated that consumers paid down some of...

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Fasten Shifts Gears to Drive Auto Loyalty Into the Fast Lane
Fasten Shifts Gears to Drive Auto Loyalty Into the Fast Lane
May 13, 2025  |  Loyalty & Rewards

A car loan can turn out to be a green light, red light moment for millions of Americans. While consumers in the United States spend...

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BofA: Spending Growth Slowing Among All Income Groups
BofA: Spending Growth Slowing Among All Income Groups
May 11, 2025  |  Consumer Insights

New research from Bank of America (BofA) shows consumer spending slowing for all income levels. That data, released by the Bank of America Institute on...

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Best-in-Class Issuers Say Processors Help Strengthen Customer Lifetime Value
Best-in-Class Issuers Say Processors Help Strengthen Customer Lifetime Value
May 08, 2025  |  Partnerships

All businesses want to increase the profitability of, and lengthen, the customer relationship — extending the customer lifetime value (CLTV). In doing so, they sidestep...

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