Blog: Payments Deep Dive
Visit Payments Deep Dive Blog to subscribe ›
Tuesday, January 21, 2025
Lots of innovative payment solution at 2025 NRF - look at JPMC
Lots of interesting, innovative payment solutions at the 2025 NRF BIG SHOW. JPMC's merchant services team has full suite of solutions to consider. 2025 will likely be a year of tremendous change at the point of sale with merchants upgrading their devices for systems that provide better features, functionality and support.
#NRF2025
Friday, January 17, 2025
Optimism for U.S. community banks in 2025
"U.S. community banks are likely to benefit from a more favorable operating environment, including a more constructive yield curve and sound economy, which should lead to improved loan demand. While asset quality metrics may modestly weaken from current levels, especially if rates stay higher for longer pressuring the weakest borrowers, we expect any further asset quality weakening to remain largely manageable for community banks."
Morningstar's report on the outlook for U.S. community banks is worth reading.
https://dbrs.morningstar.com/research/445852/us-community-banks-2025-outlook-stability-leading-to-more-consolidation
Friday, May 24, 2024
Walmart and Capital One credit card break-up
Today's news is that Capital One will no longer be the exclusive issuer of the Walmart co-branded credit card. This decision should not have come as a surprise given the public disagreement between the two companies. Whether this change is good or bad for Walmart cardholders remains to be seen. As Capital One is still dealing with criticism of poor customer service, they will likely handle the transition of Walmart-branded cards to proprietary cards delicately. If Capital One wants to make the best of this situation and make lemonade, they will need to go above and beyond to sweeten the deal for cardholders. Let's wait and see.
Best wishes to all for safe and happy Memorial Day holiday. Thinking of those who have served and currently serve our nation.