The credit card issuer has built a distributed ledger through which merchants create their own membership rewards and get access to detailed information on purchases and the success of promotions. ... Read full article
Latest: how a possible trade war might impact fintechs; how U.S. exchanges have adapted to blockchain tech. ... Read full article
Readers celebrate first quarter earnings, weigh in on banks using blockchain, slam a postal banking proposal and more. ... Read full article
From international payments to trade finance deals, banks are increasingly exploring uses of distributed ledger technology in a number of ways. ... Read full article
Even as Jamie Dimon touts the female leadership at his company, it lags in one key area. But JPMorgan women are making strides in particular with blockchain initiatives, and Amber Baldet finally shares what she is working on. Plus: heels or flats? ... Read full article
Fintechs attending Consensus 2018, the annual cryptocurrency event, said they found promise for a market still trying to find a path to unified operations and wider acceptance within financial services. ... Read full article
JPMorgan and Santander show off their uses for the technology; commercial and industrial loans outstanding are rising. ... Read full article
Circle Internet Financial says it is now worth $3 billion following latest funding round; proposed changes would give banks more leeway to make some trades. ... Read full article
Marcus unit will start taking deposits in the U.K. next month; the bank uses the technology to complete a trade finance letter of credit for Cargill. ... Read full article
Gary Cohn, the former director of the White House Economic Council, said he's still weighing options for his next role but one possibility is a digital bank. ... Read full article
Bank agrees to pay $480 million to investors related to the phony accounts scandal; Daniel Tarullo’s Fed departure called a turning point on oversight. ... Read full article
One woman's legal battle of more than a decade could develop into one of the biggest gender discrimination lawsuits to hit Wall Street. Bank of America faces a complaint after its sexual harassment ouster, and loses another top female executive. Plus, ... Read full article
Mike Cagney, who built SoFi into America's biggest student loan refinancer before quitting amid allegations of sexual harassment at the fintech firm, is preparing for his second act: a startup offering home-equity loans. ... Read full article
In addition to changing the name of the Consumer Financial Protection Bureau, the acting director wants to also nix public complaints; the good, bad and ugly in Zelle's ascendance; a case study for digital outage recovery; and more from this ... Read full article
JPMorgan Chase is sending signals that its homegrown blockchain, Quorum, is alive and well despite a recent shake-up. ... Read full article
Citibank finds people need people (at least in a branch). Santander launches a new consumer app, which makes money transfers using blockchain technology. JPMorgan Chase can be an intimidating partner for fintech startups. Plus, Elizabeth Warren’s new ... Read full article
New York Attorney General Eric Schneiderman asked 13 cryptocurrency exchanges for detailed information about their operations as part of a "fact-finding inquiry." ... Read full article
Fed vice chair wants to put stress test scenarios out for comment by banks; C&Is outstanding at record level in March. ... Read full article
Amber Baldet is exiting JPMorgan Chase to start her own venture, and another female executive is taking charge of the blockchain effort. BofA makes major progress on digital mortgages and gets gun-shy after Parkland. Plus, GM’s one-sentence dress code. ... Read full article
Acting director wants agency run by a bipartisan body, not a lone director; Fed and OCC push for relaxing the supplementary leverage ratio at the biggest banks. ... Read full article
