JPMorganChase ‘narrowing’ its bitter Viva Wallet dispute

The bank, which owns 48.5% of the Greek fintech, is battling with the company’s owners over how to determine valuation, among other disputes. JPMorgan says it is reviewing aspects of the legal case but is still seeking a $1 billion claim in Greece.

NY attorney general sues Capital One over savings accounts

New York Attorney General Letitia James is accusing Capital One of deliberately deceiving customers and obscuring higher interest rates. The lawsuit comes less than three months after the CFPB dropped a similar case against the bank.

Study: Tokenization safe for central banks, monetary policy

A joint study by the Federal Reserve Bank of New York and the Bank for International Settlements found that a shift to widespread tokenization would not impact central banks’ ability to transmit monetary policy, and that the technology could even prove beneficial.

Credit union tax exemption survives — for now

Credit unions’ federal tax exemption survived as the House Ways & Means Committee cleared Trump-backed tax cut extensions, but the issue could reemerge as a pay-for in final budget negotiations.