Although check usage has declined in the last couple of decades, check fraud has risen sharply, creating a problem for banks — and customers trying to pay their bills.
Category: JPMorgan Chase & Company
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Quiz: Would You Close This Bartender’s Bank Account?
Here’s what bank security employees might be thinking when deciding whether to shut down a customer account after detecting unusual activity.
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What to Expect at Today’s DealBook Summit
Vice President Kamala Harris, Elon Musk, Bob Iger, Jamie Dimon and Tsai Ing-wen, the president of Taiwan, are among the big names speaking.
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Sex Workers Have Been Shunned by Banks, Even When Their Work Is Legal
Financial service companies often avoid what they deem high-risk industries like adult entertainment. When workers lose their accounts, they are left with few options.
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Judge Approves JPMorgan’s $290 Million Settlement With Epstein Victims
The nation’s largest bank was sued for ignoring red flags about Jeffrey Epstein’s sex-trafficking operation while he was a client.
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Why Banks Are Suddenly Closing Down Customer Accounts
Surprised individuals and small-business owners can’t pay rent or make payroll, and no one ever explains what they did wrong.
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Jamie Dimon Warns of ‘Most Dangerous Time in Decades’ as Banks Report Big Profits
JPMorgan Chase and Wells Fargo said that consumers continued to borrow and spend, but their chiefs warned that risks were intensifying.
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JPMorgan Settles Epstein Suits With U.S. Virgin Islands and James Staley
The bank agreed to pay $75 million to settle with the U.S. Virgin Islands and also reached a confidential settlement with a former top banker who pushed to keep the disgraced financier as a client.
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The A.I. Revolution Is Coming. But Not as Fast as Some People Think.
From steam power to the internet, there has always been a lag between technology invention and adoption across industries and the economy.