Jenny Surane

Stay informed with Jenny Surane’s coverage and analysis for Fortune.

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  • Vasant Prabhu, chief financial officer of Visa Inc., speaks during the Milken Institute Global Conference in Beverly Hills, California, U.S., on Tuesday, May 2, 2017. The conference is a unique setting that convenes individuals with the capital, power and influence to move the world forward meet face-to-face with those whose expertise and creativity are reinventing industry, philanthropy and media. Photographer: Patrick T. Fallon/Bloomberg via Getty ImagesFinance

    Amazon may dump Visa for Mastercard as fee feud heats up

    By Jenny Surane and Bloomberg
  • New York Stock Exchange ExteriorFinance

    Wall Street warns it will cut NYC workforce in the next five years

    By Jenny Surane and Bloomberg
  • BRAZIL – 2021/06/14: In this photo illustration the Capital One Financial Corporation logo seen displayed on a smartphone. (Photo Illustration by Rafael Henrique/SOPA Images/LightRocket via Getty Images)Finance

    Capital One rolls out $395-a-year card in effort to attract wealthy travelers

    By Jenny Surane and Bloomberg
  • SAN FRANCISCO, CALIFORNIA – JULY 14: A pedestrian walks by a Citibank branch office on July 14, 2021 in San Francisco, California. Citibank reported better than expected second-quarter earnings with revenue of $17.47 billion. (Photo by Justin Sullivan/Getty Images)Finance

    Citi will be the first Wall Street bank to agree to a racial audit

    By Jenny Surane, Saijel Kishan, and others
  • PORTUGAL – 2021/08/24: In this photo illustration a PayPal logo seen displayed on a smartphone with binary code on a laptop screen. (Photo Illustration by Omar Marques/SOPA Images/LightRocket via Getty Images)International

    PayPal deepens its buy-now-pay-later push with acquisition of Japan’s Paidy for $2.7 billion

    By Jenny Surane, Gearoid Reidy, and others
  • 25 August 2021, Saxony, Dresden: Amazon’s logo is displayed at the entrance above the Amazon Development Center Dresden. The online mail order company Amazon opened the new research and development centre today. IT experts are to work here on the Amazon Web Services cloud service. Photo: Robert Michael/dpa-Zentralbild/dpa)Tech

    Affirm surges on deal that lets Amazon shoppers pay in installments

    By Jenny Surane and Bloomberg
  • UKRAINE – 2021/02/08: In this photo illustration a Stripe logo of a financial services company seen displayed on a smartphone. (Photo Illustration by Pavlo Gonchar/SOPA Images/LightRocket via Getty Images)Tech

    Take a pay cut to work from a cheaper city? Many Stripe workers took that deal

    By Jenny Surane and Bloomberg
  • UKRAINE – 2021/05/22: In this photo illustration, an American Express Company logo seen displayed on a smartphone and in the background. (Photo Illustration by Igor Golovniov/SOPA Images/LightRocket via Getty Images)Finance

    American Express debuts first checking account as they look to attract small businesses in the U.S.

    By Jenny Surane and Bloomberg
  • Travelers look out a window at LaGuardia Airport (LGA) in New York, U.S., on Thursday, Dec. 24, 2020. New York Mayor Bill de Blasio said the city will strictly enforce quarantine rules for all travelers arriving in the city during the holidays, particularly those from the U.K., where a highly contagious new Covid-19 strain has been detected. Photographer: Angus Mordant/Bloomberg via Getty Images

    Travelers be warned: your air miles may be at risk

    By Jenny Surane, Justin Bachman, and others
  • A customer uses a bank card to make a contactless payment on a market stall in Norwich, U.K., on Tuesday, June 9, 2020. With the economy on course for its deepest recession for at least a century, the government is now paying the wages of more than 10 million workers to stave off mass unemployment. Photographer: Chris Ratcliffe/BloombergRetail

    Merchants sue Federal Reserve over debit card fees

    By Jenny Surane and Bloomberg
  • People walk past the New York Stock Exchange (NYSE) at Wall Street on March 23, 2021 in New York City. – Wall Street stocks were under pressure early ahead of congressional testimony from Federal Reserve Chief Jerome Powell as US Treasury bond yields continued to retreat. (Photo by Angela Weiss / AFP) (Photo by ANGELA WEISS/AFP via Getty Images)Finance

    Goldman, JPMorgan Chase stick it to the WallStreetBets crowd with knockout trading results

    By Jenny Surane and Bloomberg
  • Automated teller machines (ATM) at a Citibank branch in Washington, D.C., U.S., on Friday, Jan. 8, 2021. Citigroup Inc. is scheduled to release earnings figures on January 15. Photographer: Stefani Reynolds/BloombergEnvironment

    Citigroup creates new investment-banking unit as part of clean energy commitment

    By Jenny Surane and Bloomberg
  • NEW YORK, NY, UNITED STATES – 2020/08/21: Wells Fargo branch in Midtown area of New York City. (Photo by John Nacion/SOPA Images/LightRocket via Getty Images)Finance

    Stimulus check update: Major U.S. Banks will start distributing IRS direct payments on Wednesday

    By Jenny Surane and Bloomberg
  • SAN FRANCISCO – FEBRUARY 25: A window sticker advertising Visa and MasterCard credit cards hangs in a window February 25, 2008 in San Francisco, California. Visa Inc. is hoping that its initial public offering could raise up to $19 billion and becoming the largest IPO in U.S. history. (Photo by Justin Sullivan/Getty Images)Finance

    Visa and Mastercard will delay merchant fee hikes another year amid ongoing pandemic

    By Jenny Surane and Bloomberg
  • CHINA – 2020/08/15: In this photo illustration the American multinational financial services corporation and payment system Visa Inc logo is seen on an Android mobile device with United States of America flag in the background.Tech

    Visa to face antitrust suit over Plaid acquisition

    By David McLaughlin, Jenny Surane, and others