American Banker
APRIL 16, 2024
Net charge-offs at the Charlotte, North Carolina-based bank increased by more than 80% in the first quarter compared with a year earlier. BofA executives say that the rising losses were in line with the bank's risk appetite.
PYMNTS
JUNE 28, 2019
credit card business, mobile-first company Jaja will pay an initial cash consideration of $671 million at current rates. The FinTech firm will also serve as the consumer credit card issuer for the AA and the bank’s U.K. s Automobile Association and a Bank of Ireland branded card. (It To acquire the Bank of Ireland’s U.K.
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American Banker
FEBRUARY 20, 2024
The Charlotte, North Carolina, company has agreed to sell its remaining 80% stake in its insurance brokerage unit to raise billions of dollars in cash and extra capital. The "wild card" is how Truist will deploy them, one analyst says.
Let's Talk Payments
MARCH 9, 2016
As the series of payCLT events in Charlotte continue to roll out, another one was held on March 4, which covered adoption of mobile payments adoption, a discussion led by.
The Banker
SEPTEMBER 19, 2022
Analysis by Charlotte Pope-Williams. Inflation and the rocketing cost of living are putting a strain on spending, creating issues for consumers and firms alike.
PYMNTS
JUNE 28, 2020
Earlier this year, BNP Paribas also partnered with spend management firm Coupa in order to make virtual card payments possible for corporates looking to pay suppliers and manage transaction data. In addition, both companies said the partnership and v-cards would help to reduce the risk of fraud and streamline onboarding support.
Chris Skinner
MARCH 1, 2017
Things we’re reading today include … ‘Long shadow’ of financial crisis hits incomes American Express escalates high-fee card competition Overdraft charges are elephant in the room, say MPs SEC freezes accounts in SoftBank-Fortress inquiry Fed officials jolt market with talk of pending rate hike Bank deputy Charlotte Hogg ‘must (..)
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