Top CA banks temporarily suspend mortgage payments due to COVID-19

March 27, 2020

Chase to close 20% of branches, maintain worker pay

March 18, 2020

Chase Bank told employees that it will temporarily close 20% of its bank branches due to the COVID-19 pandemic, but will continue to pay thousands of workers…

Regulators, banks plan for contingencies as customers rush for cash amid COVID-19

by David Jones — Editor, Networld Media Group

March 16, 2020

Government regulators and bank officials said they were prepared for various contingencies amid reports that consumers are making large cash withdrawals due to…

Fidelity spins off Akoya to boost consumer control over finance data

February 20, 2020

FMR LLC, the parent of Fidelity Investments, is spinning off financial data firm Akoya into a company that will be jointly owned by Fidelity, The Clearing…

Contactless payments tripling by 2024

February 11, 2020

Juniper Research reports that contactless payments will triple to $6 trillion worldwide by 2024, from about $2 trillion this year, as OEM mobile wallet…

Greenlight Financial raises $54M with backing from JPMorgan, Wells Fargo

September 16, 2019

Greenlight Financial Technology Inc., said it raised $54 million in Series B funding led by Drive Capital, with backing from JPMorgan Chase and Wells Fargo. 

Chase, HSBC executives headlining BCX Summit

by Amy Castor — Editor, Networld Media Group

Executives from two of the country's largest banks, Chase and HSBC, will keynote the upcoming Bank Customer Experience Summit, Sept. 23-25 in Chicago.

Fed announces fraud definitions working group members

March 19, 2019

The Federal Reserve has announced the members of its Fraud Definitions Work Group, an initiative to advance the Fed's strategy for improving the U.S. payment…

Major banks to waive ATM fees for California EBT cardholders

February 19, 2019

A coalition of California community groups and social service providers has announced that Bank of America, JPMorgan Chase, and Wells Fargo will now provide…

Chase to roll out contactless Visa cards in US

November 15, 2018

JP Morgan Chase, the largest card issuer in the U.S., will roll out Visa contactless payment cards — including debit, credit and co-branded cards — to millions…