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EU Banking Authority Payment Fraud Consult May Impact PSD2

EU Banking Authority Payment Fraud Consult May Impact PSD2
EU Banking Authority Payment Fraud Consult May Impact PSD2
April 18, 2022  |  Bank Regulation

The European Banking Authority (EBA) on Tuesday, April 19 will close a public consultation launched in January to better understand certain trends of payment fraud...

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Four Lawmakers Ask Visa, Mastercard to Scrap Plans to Raise Fees to Merchants
Four Lawmakers Ask Visa, Mastercard to Scrap Plans to Raise Fees to Merchants
April 15, 2022  |  Credit Cards

U.S. lawmakers from both major parties, including Sen. Dick Durbin, D-Ill., have asked Visa and Mastercard to drop plans to increase some fees, The Wall...

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JPMorgan’s $1B Loss Reserve Signals Souring Loans and ‘Pain’ Ahead for FinTechs
JPMorgan’s $1B Loss Reserve Signals Souring Loans and ‘Pain’ Ahead for FinTechs
April 15, 2022  |  Banking

When JPMorgan reported first-quarter earnings results this week, the company also built $902 million in reserves — a move that signals a tough credit environment...

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Goldman Puts Legacy Lenders on Watch With Plan to Offer Digital Checking Accounts
Goldman Puts Legacy Lenders on Watch With Plan to Offer Digital Checking Accounts
April 14, 2022  |  Earnings

Despite the macro headwinds, the volatility in investment and Wall Street related businesses, Goldman Sachs continues to make headway in its consumer-facing segments — including...

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Today in the Connected Economy: Amazon Brings ‘Just Walk Out’ to Houston
Today in the Connected Economy: Amazon Brings ‘Just Walk Out’ to Houston
April 13, 2022  |  Connected Economy

Today in the connected economy, Amazon’s expansion of its Just Walk Out technology continues as it brings the frictionless checkout offering to the Houston Astros’...

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Bread Financial Debuts Amex Cashback Credit Card
Bread Financial Debuts Amex Cashback Credit Card
April 13, 2022  |  Credit Cards

Financial services company Bread Financial launched the Bread Cashback American Express Credit Card on Wednesday (April 13), which offers consumers unlimited 2% cash back with...

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Nexo, Mastercard, DiPocket Launch Card Backed by a Crypto Credit Line
Nexo, Mastercard, DiPocket Launch Card Backed by a Crypto Credit Line
April 13, 2022  |  Credit Cards

Nexo, a Swiss platform that provides instant cryptocurrency-backed loans, has launched a cryptocurrency Mastercard in some European markets, the company announced Wednesday (April 13). Get...

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5 Things to Start Your Day: Fed Top Cop Slot; Cross-Channel Retail; Card-Not-Present Friction; Amazon-Walmart Smackdown; Buy Now, Regulate Later 
5 Things to Start Your Day: Fed Top Cop Slot; Cross-Channel Retail; Card-Not-Present Friction; Amazon-Walmart...
April 13, 2022  |  Retail

It’s Wednesday, April 13 and retail news is topping headlines as the buy now, pay later sector goes under the microscope of the Consumer Financial...

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CFPB’s New Rules for BNPL Could Come by Year’s End
CFPB’s New Rules for BNPL Could Come by Year’s End
April 13, 2022  |  BNPL

The exponential growth of buy now, pay later (BNPL) in the last two years, with approximately $97 billion in transactions in 2021, has brough significant regulatory...

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