Financial ServicesIndustry News

Take action against PayPal: Venmo launches its first credit card with scannable QR code and personalized cash-back rewards

From CNBC: "The card gives our customers the same unique Venmo experience they already know and love, in an intuitive, easy-to-use card and rewards program, that's all seamlessly managed and controlled from the Venmo app,"...

Law360 on Wells Fargo: Wells Fargo Sued For Blocking Wire From Alleged PDVSA Unit

From Law360: Law360 (October 2, 2020, 11:28 PM EDT) -- A Florida company has accused Wells Fargo of wrongly freezing a €1 million wire transfer from a client it says the bank has incorrectly held...

Hold Wells Fargo responsible: Wells Fargo Sued For Blocking Wire From Alleged PDVSA Unit

From Law360: Law360 (October 2, 2020, 11:28 PM EDT) -- A Florida company has accused Wells Fargo of wrongly freezing a €1 million wire transfer from a client it says the bank has incorrectly held...

Take action against Wells Fargo: Wells Fargo to permanently shutter almost all of its museums

From San Francisco Business Times: Wells Fargo & Co. (NYSE: WFC) is permanently closing its museums in Charlotte, Minneapolis and other cities, so its museum at the bank's San Francisco headquarters will be the only...

San Francisco Business Times on Wells Fargo: Wells Fargo CEO’s first year: 10 highlights, lowlights and what’s still on the to-do list

From San Francisco Business Times: Tapped a year ago to turn around the scandal-plagued bank, Wells Fargo CEO Charlie Scharf — who was hired Sept. 27, 2019 and took the reins on Oct. 21. —...

Fox Business on Chase Bank: JPMorgan Chase to launch first Mastercard-branded card in 5 years

From Fox Business: JPMorgan Chase will launch its new Freedom Flex card on Sept. 15, its first Mastercard-branded card in five years with new reward offers for its Freedom Unlimited Card. The no-fee credit cards will...

Top Chase Bank story from CNN: JPMorgan Chase to pay $920 million to settle trading misconduct allegations

From CNN: New York (CNN Business)JPMorgan Chase, the largest bank in the United States, agreed Tuesday to pay a record $920 million to settle charges that it engaged in manipulative trades of futures tied to...

Wells Fargo headlines: Wells Fargo created Trump and Biden portfolios — Here’s what’s in them

From CNBC: The 2020 presidential election could mark a major turning point for stock investors as a potential shift in policies would have meaningful impact on different sectors. For those looking to place bets on specific...

Latest news

Latest Comcast customer news: Apple TV+ is coming to Comcast devices

From Engadget: The Apple TV app has reached its final frontier: your cable provider's set-top box. According to Variety, Comcast...

FierceTelecom on Comcast: Comcast reels in 300K broadband subs as growth slows

From FierceTelecom: Comcast raked in 300,000 broadband net additions in Q3 2021, a figure that was less than half the...

Latest Comcast customer news: Comcast’s third-quarter profit doubled thanks to Tokyo Olympics and theme parks

From The Philadelphia Inquirer: Revenues at the NBCUniversal unit rose nearly 58% to $10 billion, including $1.8 billion from the...