JPMorgan Chase has agreed to purchase one of the biggest third-party credit-card loyalty operators in a bet that pleasure travel will rebound sharply after the coronavirus pandemic subsides, CNBC has learned. The bank agreed Monday to acquire the technology platforms, travel agency, gift card and points businesses of cxLoyalty Group, a …
Read More »Technology and big data could drive sustainable investments
The JP Morgan Chase & Co. headquarters, The JP Morgan Chase Tower in Park Avenue, Midtown, Manhattan, New York. Tim Clayton – Corbis | Corbis Sport | Getty Images SINGAPORE — While there’s “nothing new” to sustainable investing, technology has made it easier to state the financial case for considering …
Read More »How the writers of ‘Industry’ turned failure in finance into a TV show
The creators of BBC-HBO TV show “Industry,” Mickey Down and Konrad Kay. Courtesy of Mickey Down After finding they were pretty terrible as bankers, Konrad Kay and Mickey Down channeled their failures into writing hit TV show “Industry,” which sees five college graduates navigate the cut-throat finance sector. Like the …
Read More »The economics of drilling in the Arctic
The Arctic is not a barren, frozen wasteland. It’s home to some of the most unique ecosystems in the world. More than this: it’s home to people. Those people are at the center of the controversy over drilling for oil in the Arctic. The Trump administration is now starting the …
Read More »Chime CEO says pandemic made traditional banking ‘relic of the past’
Chime, the start-up that delivers banking services via mobile phones, has emerged as a major winner during the pandemic and its CEO believes the change is here to stay. “Covid and the pandemic has just accelerated the trend that was already in motion. There’s an increasing willingness to provide and …
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