JPMorgan Chase’s CEO is sounding a warning on the flourishing private credit sector. Jamie Dimon anticipates problems to pop up in the market, cautioning “there could be hell to pay,” especially as retail clients gain access to the industry. “Do you want to give access to retail...
Banking, like any business, thrives on customer loyalty, on getting the right customers through the digital doors … and the branch settings too. The rise of digital banking has spurred financial institutions (FIs) to take a page from retail, specifically, the practice known as “clienteling,”...
Following a trend that has been predicted since JPMorgan Chase announced Chase Media in early April, PayPal has announced the creation of a new advertising division, PayPal Ads, which aims to utilize the company’s vast user data to help advertisers reach targeted audiences. The payments...
JPMorgan Chase is reportedly moving deeper into the uber-popular world of private credit. That’s according to a report Thursday (May 23) by Bloomberg News, which notes that the banking giant is hoping to bolster its $3.6 trillion asset management business. Sources tell Bloomberg that JPMorgan held discussions...
May 28, 2024
Following a trend that has been predicted since JPMorgan Chase announced Chase Media in early April, PayPal has announced the creation of a new advertising division, PayPal Ads, which aims to utilize the company’s vast user data to help advertisers reach targeted audiences. The payments giant would create this ad network using data from user […]
May 22, 2024
Recent announcements from some marquee names in financial services, and commercial partnerships, underscore the use of data, down to the consumer level, in crafting ever-more-relevant card-linked offers. In doing so,...
April 19, 2024
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....
March 21, 2024
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...
May 30, 2024
J.P. Morgan has enhanced its Self-Directed Investing experience, adding new features to provide clients with better tools and resources for making informed investment decisions. One of the key enhancements is the ability to buy fractional shares of stocks or exchange-traded funds (ETFs) for as little as $5, allowing clients to invest in a more flexible […]
May 29, 2024
JPMorgan Chase’s CEO is sounding a warning on the flourishing private credit sector. Jamie Dimon anticipates problems to pop up in the market, cautioning “there could be hell to pay,” especially as...
May 23, 2024
JPMorgan Chase is reportedly moving deeper into the uber-popular world of private credit. That’s according to a report Thursday (May 23) by Bloomberg News, which notes that the banking giant is...
May 20, 2024
At JPMorgan Chase, getting trained in artificial intelligence is now part of being hired. The banking giant is having all new hires undergo artificial intelligence (AI) training, Mary Erdoes, who runs the firm’s asset-...
