10-Q, Member Exclusive

Weekly 10-Q: Check cashing fees are getting an overhaul from New York’s financial regulator

  • The New York State Department of Financial Services is putting into practice an updated check cashing regulation following the proposed regulation announced in June last year.
  • And, feeling the heat of the economic downturn, JPMorgan's board has decided that CEO Jamie Dimon will take home the same base pay in 2023 as he did last year -- with no special award or bonus.
close

Email a Friend

Weekly 10-Q: Check cashing fees are getting an overhaul from New York’s financial regulator

 


subscription wall for TS Pro

0 comments on “Weekly 10-Q: Check cashing fees are getting an overhaul from New York’s financial regulator”

10-Q, Member Exclusive

What’s going on at Block?

  • Block is under the legal microscope, adding to a series of investigations the firm has faced in recent years.
  • Considering these circumstances, the question emerges: How Dorsey can adeptly navigate a host of challenges while simultaneously propelling business growth.
Sara Khairi | May 06, 2024
Banking, Member Exclusive

“Collections is not something that you do to somebody. Collections only works when it’s collaborative”: Jeoffrey Begin, Head of US Collections at BMO

  • Jeoffrey Begin, Head of US Collections at BMO details how the bank has changed its focus in Collections away from a single transaction and towards the customer.
  • The customer-centric approach to Collections allows the bank to build consumers' financial health but it also requires them to be responsive to changes in their behavior due to factors such as technology.
Rabab Ahsan | May 01, 2024
10-Q, Member Exclusive

Exploring Payoneer’s approach to reaching SMBs in emerging markets

  • John Caplan, CEO of Payoneer, delves into the hurdles of cross-border payments for SMBs, the dynamics between new and established money transfer firms, and Payoneer's strategy for penetrating emerging markets.
  • One year into his role as CEO of Payoneer, John is focused on scaling the cross-border payments platform to expand into emerging markets.
Sara Khairi | April 29, 2024
10-Q, Member Exclusive

Big Banks Q1 earnings: ‘Higher for longer’ rates create a questionable future

  • Net Interest Income took a downturn for some of the incumbent banks, impacting their financial performance in the first quarter of 2024.
  • While some of the big banks experienced growth in non-interest income this quarter, too, the impact of decreased Net Interest Income on revenues can ratchet up the focus to reduce costs and maintain earnings.
Sara Khairi | April 22, 2024
Member Exclusive

Letter from the editor: Banks don’t have a Gen Z problem – they have a major issue with UX

  • As the largest generation in history, getting Gen Z right is an existential issue, particularly for plain-vanilla financial institutions. 
  • But shifting the goalposts can be an effective way forward for banks and other FIs as they build for the future.
Zachary Miller | April 17, 2024
More Articles