interest payments

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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CFPB Drops ‘Savings 360’ Lawsuit Against Capital One
CFPB Drops ‘Savings 360’ Lawsuit Against Capital One
February 27, 2025  |  CFPB

The Consumer Financial Protection Bureau (CFPB) dropped a lawsuit against Capital One on Thursday (Feb. 27). A Capital One spokesperson told PYMNTS in an emailed statement:...

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Nearly 1 in 5 High-Debt Consumers With Credit Score Issues Have Filed for Bankruptcy
Nearly 1 in 5 High-Debt Consumers With Credit Score Issues Have Filed for Bankruptcy
October 12, 2023  |  Consumer Finance

Consumer credit card debt in the United States has surpassed the $1 trillion mark, leading to heightened concerns about credit insecurity among both consumers and...

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China’s Lenders Cut Prime Rate To Boost Sick Economy
China’s Lenders Cut Prime Rate To Boost Sick Economy
February 20, 2020  |  International

Chinese lenders have cut their prime lending rate to try and prop up their country’s economy, which has been ravaged by the coronavirus, according to the Financial...

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Bitcoin Daily: Facebook Posts More Blockchain Jobs; New Coinbase Programs Look To Collect Interest On Parked Crypto
Bitcoin Daily: Facebook Posts More Blockchain Jobs; New Coinbase Programs Look To Collect Interest On...
March 31, 2019  |  Bitcoin

The former CEO of defunct bitcoin exchange Mt. Gox is planning to appeal his conviction on data manipulation charges. Mark Karpeles said he decided to...

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US Corporate Debt Outpaces Economic Growth
US Corporate Debt Outpaces Economic Growth
January 11, 2019  |  B2B Payments

The value of debt held by U.S. corporations is now growing faster than the economy, and businesses are struggling to make their interest payments, according...

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New Tax Law Targets Corporates’ Cross-Border Payments
New Tax Law Targets Corporates’ Cross-Border Payments
June 27, 2018  |  B2B Payments

A new tax introduced as part of broader reform in the U.S. is frustrating multinational corporations, according to Tuesday (June 26) reports in The Wall Street...

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