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The world’s largest retailer filed for a trademark on the name on March 29, in the process giving clues as to what the startup might actually do.
April 8 -
Loanpal, a provider of residential-solar loans in the U.S., is planning an initial public offering this year that could value the company at more than $10 billion, according to people with knowledge of the matter.
April 8 -
At a time when it’s never been more important for small businesses like salons and spas to improve economics, scalability and control, fintech can provide a path to better margins, says Boulevard's Biju Nair.
April 8
Boulevard -
The Department of Justice in the Trump administration hatched a plan to consider reforming its bank-merger review process, raising industry hopes about overhauling the outdated regime. But progressives want the agency to give more thought to the harm bank combinations cause consumers, including further branch closings.
April 7 -
Instacart has reached a deal with JPMorgan Chase to offer a credit card to customers who’ve flocked to the grocery delivery service during pandemic lockdowns.
April 7 -
The consumer bureau is proposing to give companies until January 2022 to comply with one rule regarding communications from collectors and another clarifying disclosure requirements.
April 7 -
In his annual message to investors, the JPMorgan Chase CEO said Big Tech and fintechs are "here to stay" and vowed to be aggressive in taking on these new challengers. He also predicted that the economy would take off this year, but said capital rules prevented banks from doing more to help blunt the impact of the pandemic recession.
April 7 -
After Wells Fargo became the first of the largest U.S. banks to do away with mandatory arbitration for sexual harassment complaints last year, Goldman Sachs Group is being urged to take steps in the same direction.
April 7 -
Variables unique to the past year, such as the effect of government stimulus, are not fully considered in typical credit scores. For a more complete picture, the industry should accelerate a digital transformation in scoring models.
April 7
Publicis Sapient -
President Biden said he hasn’t spoken with Federal Reserve Chair Jerome Powell since taking office more than two months ago, citing respect for the central bank’s independence and marking a sharp turn from his predecessor, Donald Trump.
April 7 -
In his annual letter shareholders, JPMorgan Chase CEO Jamie Dimon said banks are facing "enormous competitive threats — from virtually every angle."
April 7 -
Policymakers have scrutinized social disparities in the financial system and banks' climate-change risks. That has led to a new line of attack from Republicans who say agencies such as the Federal Reserve should stay in their lane.
April 6 -
The scheduled meeting with members of the House Financial Services comes at a time when large banks are warning of significant losses tied to the derivatives blowup at the hedge fund Archegos Capital.
April 6 -
Facebook’s evolving suite of shopping and payment services now includes an option to send funds to another person via Facebook Pay using a QR code.
April 6 -
PayPal Holdings Inc. said it would achieve net-zero greenhouse gas emissions by 2040 as it looks for ways financial technology can prevent climate change.
April 6 -
To embrace social commerce, merchants should prioritize data privacy, communication of delivery timelines and a seamless checkout experience.
April 6
T1 Payments -
The bank's purchase of AxiaMed gives it a digital gateway to the medical industry, speeding deployment amid growing competition.
April 5 -
The bank's purchase of AxiaMed gives it a digital gateway to the medical industry, speeding deployment amid growing competition.
April 5 -
One official at the bureau said this fall could be an “unusual point in history” for the mortgage market as delinquent borrowers exit forbearance plans. The agency proposed new steps for servicers to help consumers stay in their homes.
April 5 -
Without the application of tested safeguards, using such data can run the risk of worsening the very problems of credit access that we seek to solve.
April 5
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