Big banks to pool their users’ deposit data for credit card issuance: A group of about 10 banks, including JPMorgan Chase, U.S. Bank, and Wells Fargo, are planning to share each other’s customer deposit records as a way of underwriting for potential customers who lack credit scores—a move that could pose a competitive threat to niche neobanks.

Current examples include Amex’s Plan It, Chase’s My Chase Plan, and Citi’s Flex Plan, but the feature will likely become available for a wider set of dollar values and from a larger group of issuers. Retail-based partnerships.

Notable BNPL-focused firms include Affirm, Afterpay, Klarna, QuadPay, Sezzle, and Splitit, while incumbents include the likes of Amex, Chase, Mastercard, PayPal, and Visa.

Note: Due to a data collection discrepancy, the Chase scorecard omits the “financial wellness score” feature. After report results were published, Insider Intelligence was made aware that this feature is live in Chase’s app. Due to timing, this change could not be reflected within the full study and rankings. For more information, including how Chase would have scored, see the methodology section.

Additionally, there is the Amazon Card, a cobranded consumer card developed in partnership with Synchrony Bank and Chase. Plug-and-play banking. In December, BaaS provider Railsbank announced that it’ll be launching two new embedded finance products. The OpenRailz API will allow financial services providers to plug their products, like bank accounts and payments, into the Railsbank platform.

Instacart: The firm will be working with JPMorgan Chase to issue a credit card that will reportedly let customers earn 5% cash back on Instacart purchases. The card is said to launch next year. DoorDash: The company is rumored to have several bidders lined up for its rewards credit card, including JPMorgan Chase, but is reviewing its options before making a decision in the next few weeks.

As consumers warm up to travel, Chase can leverage the new card to entice customers. It could therefore help strengthen recovery for Chase’s card sales volume, which grew 1% YoY in Q4. Goldman Sachs is looking to take over JetBlue's credit card. The financial services giant is in discussions with the airline to buy the portfolio from Barclays.

And many issuers are considering taking similar steps—JPMorgan Chase has reportedly partnered with Instacart to offer a new card, and several issuers are bidding to develop a card with DoorDash.

As customers move back to nonessential spending like travel, issuers have an opportunity to implement new rewards on their cards and continue tweaking options—like Chase has done—to encourage consumer spending and lift volume even further.

Major US issuers cut consumer credit card limits by $99 billion last year, with Capital One alone lowering limits by $30 billion and Citi and Chase each slimming down theirs by $19 billion, per Bloomberg. These decreases disproportionately affected consumers with lower credit scores (between 580 and 669), whose borrowing capabilities contracted 30%.

A reward-driven boost in spending might open up new opportunities with issuers that also benefit from increased card usage—leading to more tie-ups for Mastercard, like the one with Chase last August. Forging more of these partnerships could further increase volume and grow the network’s consumer reach.

Or it could be physical makeovers, like Chase began experimenting with at its flagship NYC branch in mid-2019: It added enhanced ATMs capable of handling 80% of teller transactions, and equipped employees with tablets so they can roam around the branch to help clients.

It’s owned by seven of the largest US banks, including Bank of America, Wells Fargo, and JPMorgan Chase—and the company continues to add more banking partnerships, resulting in increased volume and adoption. Last year alone, Zelle added 457 new financial institutions to its network, including a number of small banks and credit unions through a partnership with Fiserv.

Although Verizon is starting the 5G chase slightly behind T-Mobile, it can scale up more rapidly than its competitors. Last year, only 6.0% of Verizon users were on 5G, but by 2022, that figure will pass 25%, and by 2024, 58.8% of Verizon’s customers will be on the new network. T-Mobile (and Sprint).

Getty Images CMO Gene Foca joins eMarketer executive editor Rimma Kats to discuss why companies shouldn’t chase after the latest “must have” tools and why you shouldn’t overspend on a marketing stack.

While the lure of retail media is even stronger than it seems, retailers grapple with whether it’s a viable opportunity or a shiny new object to chase.

This can be done through partnerships, which banks in the US have explored: TD Bank partnered with 80 Rite Aid locations in the US, and Chase recently discussed the idea of installing Chase ATMs in post offices.

Or it could be physical makeovers, like Chase began experimenting with at its flagship NYC branch in mid-2019: It added enhanced ATMs capable of handling 80% of teller interactions, and equipped employees with tablets so they can roam around the branch to help clients. ATMs. ATM penetration will remain steady through 2024 for the following reasons:.