Payments

This week in global news: JPMorgan Chase works on blockchain in India, U.K. reps want faster crypto regs and more. 

As incentive marketing and payments preferences change, Geeta Chandan, vice president and head of product and loyalty at Discover, will join us at American Banker's Payments Forum to discuss opportunities and challenges. interview at Payments Forum

The companies are offering retail merchants a digital catalog of transaction services, which JPMorgan hopes will help it better compete with fintechs and other banks.

Barclays' Peter Gasparro describes Barclays' unique approach

The blockchain company bets its experience with cross-border payments is transferable to stablecoins and central bank digital currencies.

More than half of U.S. consumers now use digital wallets, according to new data from J.D. Power. But PayPal and Apple Pay have a huge lead over rivals, and are already experienced combatants in the battle for consumers' spending.

After an appeals court sided with the Consumer Financial Protection Bureau in February, the CFPB and PayPal filed a round of legal arguments in late May to resolve remaining claims from a lawsuit PayPal first filed in 2019.

The Consumer Financial Protection Bureau is advising consumers to transfer money stored on nonbank digital payment apps such as PayPal, Venmo and Cash App to insured banks and credit unions.

The search giant is adding travel, health care and other consumer services to encourage users to stay within its ecosystem.

This week in global news: CaixaBank adopts softPOS; AI makes more inroads and more.