Payments News

On The Web

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Companies

JPMorgan Chase Ends Business Loan Partnership With OnDeck

“JPMorgan Chase is ending a three-year-old partnership with OnDeck Capital that enabled the bank to start offering online loans to small businesses. New York-based OnDeck announced Monday that JPMorgan plans to stop originating loans through the partnership later this week. JPMorgan said that it will continue to offer online small-business loans, but will no longer […]
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Companies

Jeff Bezos and Jamie Dimon: Best of Frenemies

“The fortunes of the two companies have become more entwined over the years. They are closely connected through a credit-card deal struck when the retailer was still mostly selling books and CDs on the internet. JPMorgan is in talks to partner with Amazon on a number of financial ventures, and the bank lends to the […]
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Companies

Chase Pay Finds A Link With Samsung Pay

“Chase Pay customers with compatible flagship Samsung Galaxy smartphones can now link Chase Pay to Samsung Pay, according to a press release. Consumers that link Chase Pay to Samsung Pay can earn both Samsung Rewards points and for eligible Chase cards, Chase Ultimate Rewards points, for the purchases they make.”
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On The Wires

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