JPMorgan Chase (NYSE:JPM)'s credit card metrics improved in March 2024, with its net charge-off rate dropping almost 10 basis points. The Chase Issuance Trust delinquency rate ticked down 1 bps to 0.79% from 0.80% in February. That's down from its ...

Cash App to pay 15 million in settlement from data breach that impacted 8.2 million customers. NURPHOTO VIA GETTY IMAGES Cash App, a leading mobile payment platform under Block Inc., formerly known as Square, is set to pay $15 million ...

Mr. Cooper Group closes the acquisition of Flagstar Bank for $1.3 billion in cash. Mr. Cooper Group, the nation’s largest home servicer, announced today the closing of its previously announced acquisition of Flagstar Bank’s mortgage operations, including the acquisition of ...

FICO is a global leader in analytics and AI-powered solutions November 04, 2024 04:00 AM Eastern Standard Time BERLIN--(BUSINESS WIRE)--Global analytics software leader FICO has won the Silver Award in the Analytics category at the prestigious IT Awards 2024, organized ...

Jamie Dimon, CEO of the US’s largest bank JPMorgan Chase, highlighted the growing tensions between the banking sector and the US regulators. He claims that these initiatives are increasing expenses for customers and diminishing the strength of the financial system ...

CMS and CFPB have issued a joint statement outlining prohibitions against medical debt collection for Medicare members exempt from cost-sharing. CMS and the Consumer Financial Protection Bureau (CFPB) are together cracking down on Medicare providers who improperly bill low-income beneficiaries, ...

Debt collectors have many options for pursuing payment for old credit card debts — and lawsuits are one of them. / Credit: Getty Images When debts accumulate and go unpaid, it can be tempting to ignore them and hope they ...

AI-enabled global payment network Klarna has announced the launch of its flexible payment options for Zoom Workplace in 16 markets across the US and Europe. Through this move, users across the US and several European markets, including the UK, Sweden, ...

Car manufacturers are suspending deliveries of new vehicles in Britain following a bombshell court ruling banning car dealers from earning 'secret' commission on vehicle sales. Honda and BMW ordered showrooms not to deliver vehicles that were set to be purchased ...