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JPMorgan Chase is considering selling the credit card portfolio it built through an almost three-decade partnership with the AARP, according to people with knowledge of the matter.
August 27 -
If the retail giants' Merchant Customer Exchange payments venture collapsed under the weight of trying to create a one-size-fits-all mobile wallet to bypass card networks, then the implosion of that joint venture was the best thing that could have happened.
August 27 -
There are several ways attackers take advantage of payment systems. Understanding that is part of the battle, according to Bill Horne of Intertrust Secure Systems.
August 27
Intertrust Secure Systems -
Credit unions across the country have announced a number of personnel changes including a new chief lending officer, director of marketing and more.
August 27 -
Scotiabank's earnings topped analysts' estimates on a surge in profit in its international-banking division, fueled by a sharpened focus on Latin America. Bank of Montreal, meanwhile, fell short of expectations as growth was more muted at its U.S. personal-and-commercial banking division.
August 27 -
Raisin, originally a marketplace for bank-savings products, is buying 100% of Fairr’s share capital in exchange for Raisin shares as well as cash.
August 27 -
As branches in remote areas disappear, banks run the risk of losing business to fintechs.
August 27
CCG Catalyst -
United Churches Credit Union, which has just one branch, can now serve anyone who worships in two counties.
August 27 -
An economic downturn is likely to force industry consolidation; the legit firms only offer borrowers things they can get for free, while others are scams.
August 27 -
The information you need to start your day, from PaymentsSource and around the Web. Today: Grab and Go-Jek's battle; Indian payments app draws investment; Installment options expand for fashion and beauty retailers; Google Pay's adding a dark mode.
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