Retailers

Square's many flirtations with banking

07/11/18

The mobile point of sale pioneer Square has done much to expand its product range to stay competitive, and a few of those efforts have made the company more of a direct threat to banks.

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Fifth Third expects $200M gain from sale of Worldpay shares

06/28/18

The Cincinnati company sold 5 million shares in the payment processor, as it continues to scale back its ownership stake.

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Wells Fargo simplifies payments pricing to compete with Square

06/12/18

The changes are designed to remove the complex set of fees that could vary from one mercant to another.

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What’s behind rising delinquencies on private-label credit cards

05/23/18

It’s not just weaker underwriting and higher household debt levels that are driving past-due rates to their highest levels in seven years.

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Walmart's new wire service heightens competition with banks

04/03/18

Considering Walmart spent the better part of a decade trying to establish its own bank, it comes as no surprise that the retail giant is aiming big with its latest financial service.

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NCR chief executive Nuti stepping down

03/22/18

The technology company's major projects over the past couple of years have included a diversification to serve merchants' cross-channel shopping and payment needs, adding advanced ATM technology in Europe and upgrading hardware to compete with rivals such as Square.

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Amazon and JPM: It's not about banking, it's about payments

03/06/18

As with most of the company's inventions, an Amazon checking account would more deeply embed customers into an Amazon ecosystem that provides an endless flow of data and efficiencies.

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How Chase, Amazon tech could transform health care payments

01/30/18

JPMorgan Chase and Amazon have demonstrated substantial power to digitize their industries, even influencing the strategy of others. But automating and streamlining health care will be a particularly tough task.

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Retailers score latest win in fight to allow credit card surcharges

01/03/18

Merchants have been challenging surcharge bans in numerous states on free-speech grounds. They have the wind at their backs following another court victory on Wednesday.

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JPMorgan strikes deal with Kroger for Chase Pay

12/12/17

Kroger Co., the largest U.S. supermarket chain, will begin offering JPMorgan Chase & Co.’s Chase Pay mobile wallet in certain markets beginning next year.

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