"There's no question that a big chunk of payments go to larger producers," the secretary said.
The monthly payments, however, take off a huge chunk of your payment (or maybe that what it appears to feel like).
Despite Zelle's sizable chunk of p2p payment processing, it's less clear to what extent U.S. consumers are aware of Zelle.
But MasterCard faces increasing competition from other networks, including Morgan Stanley's Discover Financial and American Express, as well as threats from nontraditional companies that could try to grab a chunk of the payments industry, such as Wal-Mart Stores and eBay's Paypal.
The settlement allows UBS to delay for up to four years a big chunk of its promised payment to the U.S. government.
Lucky for GE Capital, it has a rich industrial parent, which has helpfully diverted a chunk of its dividend payments and capital to the financial business.
This is a direct blow at one of the bigger third-party payment options that consumers have at checkout and an effort by Amazon to capture a huge chunk of the web's payment business at large.
Eventually if Facebook was able to collect enough credit card numbers that it could support Autofill With Facebook for decent chunk of users, it might replace payment processors like PayPal, Stripe, and Braintree with its own payment processing system.
For instance, if a buyer has a high income, a big chunk of cash for a down payment and needs a relatively small mortgage in relation to the house's value and his income, there is no reason why he should not be able to get a loan.
Mr Harrison points out that the Blairs' London house rose by nearly £1m in value in the past year alone, accounting for a huge chunk of their total lifetime tax payments.
