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The Lounge Battle Royale Coming Soon to Your Airport

The Chase Sapphire Lounge in Boston aims to keep big-spending credit-card holders happy against competition from American Express and others. The Chase Sapphire Lounge in Boston aims to keep big-spending credit-card holders happy against competition from American Express and others. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks…

Online Banks Are Winning the Deposit War

Deposits rose recently at Ally, Goldman Sachs’s Marcus and Capital One, banks that either don’t have branch networks or have far fewer branches than peers. Deposits rose recently at Ally, Goldman Sachs’s Marcus and Capital One, banks that either don’t have branch networks or have far fewer branches than peers. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is…

Walmart Sues Credit-Card Partner Capital One

Walmart Inc. WMT 0.75% is suing Capital One Financial Corp. COF 0.09% , seeking to terminate the companies’ credit-card partnership. Walmart’s lawsuit, which was filed this week, alleges that Capital One didn’t meet certain terms of the card partnership contract. The case was filed in the Southern District of New York. Walmart alleged that Capital One didn’t provide the…

Banks Brace for More Consumers to Fall Behind on Their Loans

U.S. banks dusted off their recession-ready playbooks at the end of 2022. Regional lenders and banks with big credit-card businesses continued to profit from borrowers who ran up credit balances at higher interest rates in the fourth quarter. But many tightened their lending standards and set aside more money to cover potential loan losses, signs that they don’t expect the good times to last.  Capital One Financial Corp. COF -0.68%…

JPMorgan, Other Banks in Talks to Reimburse Scammed Zelle Customers

Some of America’s biggest banks are devising a plan to compensate customers who fall victim to scams on their Zelle payment network.  JPMorgan Chase JPM -1.72% & Co., Wells Fargo WFC -0.93% & Co. and Bank of America Corp. BAC -1.87% are among the banks in advanced discussions to create a playbook for refunding customers and each other for illegitimate…