Transactions: Mastercard teams up with JPMorgan for pay-by-bank

Payments behemoth Mastercard has joined forces with JPMorgan Chase to provide customers with a pay-by-bank option.  Pay-by-bank can be used by billers for recurring payments like rent, utilities, health care and tuition, among others, according to an Oct. 20 Mastercard release. The capability taps into Mastercard’s open banking technology to allow consumers and businesses to […]