Patrick Cooley

1 week ago | paymentsdive.com | Patrick Cooley

American Express and JPMorgan Chase are ramping up their competition for upscale cardholders. JPMorgan fired the opening salvo when it teased a refresh of its Sapphire Reserve credit card last week on its Instagram page. Amex then touted major changes coming later this year to its Platinum cards via a Monday press release.

1 week ago | farmanddairy.com | Patrick Cooley

SALEM, Ohio — Switchgrass has a plethora of applications: preventing soil erosion, animal bedding and even shelters for hunters stalking their prey. And yet the crop is not widely grown and buyers are hard to find. But researchers and farmers in Pennsylvania are trying to change that.

1 week ago | paymentsdive.com | Patrick Cooley

Inflation could benefit credit card behemoth American Express and payment processing giant Fiserv as long as price hikes don’t get out of control, the chief financial officers for both companies said in recent presentations. Higher prices mean more payments volume, on a dollar basis, and that results in more revenue for New York-based Amex, Chief Financial Officer Christophe Le Caillec explained at the June 11 Morgan Stanley U.S. Financials Conference.

1 week ago | paymentsdive.com | Patrick Cooley

Consumer Financial Protection Bureau researchers last week released a study concluding buy now, pay later services are not harmful to consumers, after the federal agency last month jettisoned a rule regulating BNPL. The June 7 study, conducted by two economists in the CFPB’s research office, reviewed data from the six largest BNPL companies over several years and found few negative impacts on consumers who use the payment method.

2 weeks ago | retaildive.com | Patrick Cooley

This audio is auto-generated. Please let us know if you have feedback. When the checkout-free payment provider Grabango shuttered in late 2024, it dealt a second major blow to checkout-free shopping following Amazon’s decision to scale back its “Just Walk Out” experiment. However, that progressive, lower-cost, digital approach to in-store retail payments isn’t dead. A technological boost could still help checkout-free payments succeed, say industry professionals and consultants.