U.S. Banks to Boost their Credit Card Lending Businesses

Banks in the U.S. are realizing that they are not generating enough revenues from traditional monetary products like stock and bond trading. Big banks like JPMorgan Chase and Citigroup are now focusing more on products like credit card loans. Banks wish to leverage the fact that consumers are conducting more...

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An App to Deliver Cash to those too Lazy to go to an ATM

The Nimbl app allows a user to request up to $200. On completing the request, a runner is dispatched who delivers the requested amount within 15 to 30 minutes. No wonder this service is dubbed as “Uber for cash”. When the runner delivers the cash and authenticates the recipient, the...

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