Fighting Fraud Beyond Bank Boundaries

Key insights: JPMorganChase, Wells Fargo, PNC and other large banks are in talks to purchase parts of Fiserv’s debit-processing business. What’s at stake: A bank-led debit network could create pressure for card brands and other legacy payment providers.  Forward look: Payment experts say other debit networks may be an attractive option for large technology companies…

How did Zohran Mamdani win middle- and high-income renters? One explanation is backlash.  “Market rent growth has been going through the roof in the last few years,” said Robert Nelson of Nelson Management Group. “At the end of the day I think that’s why our mayor is in office right now.” Nelson was speaking at…

Two Trees Management has signed an entertainment tenant at the Refinery at Domino on the Williamsburg, Brooklyn, waterfront. London-based tvg Hospitality, which was founded by Mumford & Sons keyboardist Ben Lovett, and Emerson Hospitality signed the 20,000-square-foot lease for what will be a 750-seat venue called Domino, according to Two Trees. SEE ALSO: VNS Health…

This week’s top headlines: LSL appoints Nowosad as interim managing director and up to 100,000 unsold ex-rental homes could be left empty. Explore these and other major industry updates below:  Nationwide and Virgin Money raise rates by up to 35bps Nationwide and Virgin Money are increasing selected mortgage rates by up to 35 basis…