10-Q

Weekly 10-Q: Wall Street banks (still) want customers to pin their hopes on Zelle

  • Big banks are reportedly working to standardize the refund procedure for Zelle scam victims and want to restore customers' faith in the payments app.
  • In other news, a federal judge has ordered Block to comply and cooperate with the CFPB's ongoing investigative demands relating to its Cash App payment tools.
Sara Khairi | December 05, 2022
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Weekly 10-Q: Wall Street banks (still) want customers to pin their hopes on Zelle

 

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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
10-Q, Member Exclusive

On all things Jamie Dimon

  • In his annual letter to shareholders, Dimon shared his perspectives on a range of subjects. However, he placed a distinct focus on JPMorgan's efforts to advance its capabilities through AI.
  • On the same day, the company's annual proxy statement was also made public. Besides zeroing in on the growing significance of AI in banking, it highlighted the board's priority of planning for an orderly CEO transition in the medium term.
Sara Khairi | April 15, 2024
10-Q, Member Exclusive

A closer look at JPM’s Chase Media Solutions

  • JPMorgan Chase has introduced its newest endeavor, a retail media network named Chase Media Solutions. 
  • Breaking away from its traditional banking methods, Chase has embraced a rather unexpected and contemporary approach by stepping into a market already under the sway of major retailers.
Sara Khairi | April 08, 2024
10-Q, Member Exclusive

Who stands to benefit [or suffer] from the Visa and Mastercard settlement?

  • While the Visa-Mastercard settlement news is still fresh and unfolding, understanding the degree to which different players —  merchants, banks, or consumers — truly benefit or stand at a disadvantage in the value chain will necessitate clarity once the dust settles.
  • Currently, it remains an intricate conundrum to unravel.
Sara Khairi | April 01, 2024
10-Q, Member Exclusive

How improving credit risk assessment can catalyze FIs’ growth: 3 questions with Visa’s Carl Rutstein

  • Financial institutions grapple with obstacles in navigating the technology and route for credit risk assessment and management.
  • Carl Rutstein, Visa's Global Head of Advisory Services, sheds light on the impact of data and AI on credit risk assessment and discusses the challenges faced by FIs in going down this route.
Sara Khairi | March 25, 2024
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