JPMorgan, Amex flash new cards
Both companies teased premium card refreshes in the past two weeks, reflecting the race for high-end card holders.
https://www.paymentsdive.com/news/jpmorgan-amex-flash-new-cards/751138/

JPMorgan, Amex flash new cards
Both companies teased premium card refreshes in the past two weeks, reflecting the race for high-end card holders.
https://www.paymentsdive.com/news/jpmorgan-amex-flash-new-cards/751138/
#AI, #BlockChain drive payment startups
The #Payments world is changing fast, and a swath of startups are leading the charge to transform how banks do business in up-and-coming areas such as #Stablecoins and artificial intelligence.
Don’t make Americans pay to pass financial data
“Pausing or gutting Rule 1033 wouldn’t just stall innovation,” writes one industry executive. “It would send a message that the system works best when it’s closed.”
Top Treasury official wants to 'Americanize' any Basel rule
Is this just more of the#Kakistocracy?
https://www.americanbanker.com/news/top-treasury-official-wants-to-americanize-any-basel-rules
Tensec raises $12M to boost growth
Meanwhile, other cross-border payment firms have raised millions in recent weeks to bolster their international expansion.
American Banker’s Melinda Huspen visited Fintech Innovation Lab's NYC Demo Day
Here are her impressions of Wellthi and AnChain ai
https://www.americanbanker.com/news/what-american-banker-saw-at-fintech-innovation-lab-demo-day
Turning algorithms into action: the #AI challenge connecting fintech talent to finance’s frontlines
Agentic banking: Architecting the "single brain"
What are the key technical components required to build an agentic banking platform?
https://www.fintechfutures.com/ai-in-fintech/agentic-banking-architecting-the-single-brain
How JPMorgan's 'deposit token' shakes up crypto payments
JPMorgan is planning a digital currency that looks and sounds like a stablecoin. But there are differences that have major ramifications for what the #Cryptocurrency #Payments market will look like in the post-GENIUS Act world.
https://www.americanbanker.com/payments/news/jpmorgan-chase-plans-a-stablecoin-alternative
Aflac finds suspicious activity on US network that may impact Social Security numbers, other data
How Experian scores thin-file borrowers with cash-flow data
The credit reporting bureau is partnering with data aggregator Plaid to combine cash-flow data and credit analytics for lenders.
https://www.americanbanker.com/news/how-experian-scores-thin-file-borrowers-with-cash-flow-data
Alipay+, Meizu: Are Smart Glasses the Future of Payments?
Alipay+ and Meizu launch smart glasses payments technology, extending digital payments beyond mobile devices
https://fintechmagazine.com/articles/alipay-meizu-are-smart-glasses-the-future-of-payments
Trump's tariffs will lead to erosion of US global payments dominance
Ford Teams Up With Iagon to Pilot Cardano-Powered Legal Data Storage Solution - TLDR:
Ford joins Iagon to test Cardano’s blockchain for secure, compliant legal d... - https://blockonomi.com/ford-teams-up-with-iagon-to-pilot-cardano-powered-legal-data-storage-solution/ #blockchain #cloudcourt #fintech #cardano #lagon #ford
Redemption opens as nation's newest Black-owned bank
Redemption Bank announced its launch on Thursday after its parent company, Redemption Holding Company, completed the acquisition of Holladay Bank & Trust in Holladay, Utah.
https://www.americanbanker.com/news/redemption-opens-as-nations-newest-black-owned-bank
More impact of having a #Kakistocracy. The CFPB is to cut civil penalty fund's use for financial literacy. I guess financial literacy is “too woke.”
"The bureau does not intend to exercise its discretionary authority to allocate funds to consumer education and financial literacy programs," Director Vought
https://www.americanbanker.com/news/cfpb-to-cut-civil-penalty-funds-use-for-financial-literacy
Synctera’s new risk chief doubles down on compliance planning
Fintech Synctera has tapped a former Fed and OCC examiner as CRCO, as the firm pursues growth with a focus on regulatory compliance.
Here comes the latest race to the bottom in consumer finance, spearheaded by Trump
The removal of the CFPB as a viable regulator has thrown the doors open to the kind of unscrupulous behavior that triggered the last major financial crisis
https://www.americanbanker.com/opinion/here-comes-the-latest-race-to-the-bottom-in-consumer-finance