Justin Bachman

2 weeks ago | paymentsdive.com | Justin Bachman

The formation of the largest U.S. credit card issuer has taken a significant step forward, and consumer advocates are renewing their concerns about how credit card borrowers with weak credit scores will fare under an enlarged Capital One Financial. The Justice Department will allow the $35 billion sale of Discover Financial Services to Capital One to proceed uncontested, according to media reports.

2 weeks ago | startribune.com | Justin Bachman

The retro-chic TWA Hotel at John F. Kennedy International Airport wants you to think of the Brat Pack, the Beatles and the soaring grace of Eero Saarinen's futuristic terminal, dedicated to the then-new jet age. What the hotel doesn't want is for guests to hear even a murmur of jet-engine noise from adjacent taxiways. To achieve this solitude, the hotel sheathed both wings of the new 512-room hotel with a 4.5-inch glass curtain wall, second-thickest in the world, to hush JFK's madding bustle.

2 weeks ago | bankingdive.com | Justin Bachman

At Brex, business travel and its attendant expenses remains a critical aspect for companies using the fintech’s software to oversee their spending. However, procurement – the routine invoices for a variety of corporate needs like advertising, parcel shipping, cloud computing, coffee – represents a new growth area for Brex’s charge card, said Erica Dorfman, a Brex executive vice president and head of global financial products.

3 weeks ago | paymentsdive.com | Justin Bachman

At expense-management company Brex, business travel and its attendant expenses remains a critical aspect for companies using Brex’s software to oversee their spending. However, procurement – the routine invoices for a variety of corporate needs like advertising, parcel shipping, cloud computing, coffee – represents a new growth area for Brex’s charge card, said Erica Dorfman, a Brex executive vice president and head of global financial products.

3 weeks ago | paymentsdive.com | Justin Bachman

Dive Brief:The House of Representatives planned to vote Tuesday on a resolution gutting a Consumer Financial Protection Bureau rule giving the agency regulatory authority over large tech companies that offer consumer payment tools. The Senate approved the measure on March 5. The White House indicated on the day of the Senate vote that President Donald Trump would sign the resolution, rescinding the bureau’s oversight over companies that process more than 50 million consumer transactions annually.