Kate Fitzgerald

As part of its investigation leading to recent card-fraud arrests, the U.S. Secret Service Electronic Crimes Task Force revealed some of the latest tactics being used to snag card data to conduct fraudulent transactions.

A borrower who defaulted on a mortgage during the recession is not necessarily a bad risk for a credit card lender. To properly evaluate risk in the current environment, First Data is adopting a new instant-credit decisioning and underwriting system from Zoot.

Fewer than half of all cardholders have a private-label credit card, but those who do are more likely to carry a balance routinely on various cards than consumers who rely only on general-purpose cards, new data from Auriemma Consulting Group suggests.

Not to be outdone by rivals in a month that has seen several new and retooled credit card rewards program announcements, Bank of America Corp. on Wednesday rolled out upgrades to a couple of its core cash-rewards cards.

A shift toward the use of chip cards is spawning courses in EMV and other new payment technologies.

The average U.S. bankcard charge-off rate dropped sharply in June, registering the second-largest monthly decline since the Bankruptcy Reform Act took effect in 2005, according to the latest data from Fitch Ratings Inc.

Capital One Financial Corp. is the latest bank to roll out yet another rewards card for affluent customers this summer, but its version has some unusual strings attached.

American Express Co. and Mercedes-Benz USA have introduced a cobranded card with rewards tied to the luxury car brand, in the latest credit card industry effort to gain business from upscale consumers.

Visa's attempt to phase out the old, static PIN in favor of dynamic authentication is facing resistance – in particular because many are not convinced that the PIN is past its prime.

The U.S. credit card charge-off rate rose slightly in July, but delinquencies fell to an all-time low as consumers continued to pay their credit card bills on time, Moody's Investors Service said in a report released Aug. 19.

There is now a gold-rush mentality among developers looking to produce the next hit mobile-payment application. The latest example was a "Pitch That App!" that drew more than 100 participants.

Citigroup Inc. has renewed its long-running credit card partnership with Shell Oil Products US, in the latest sign that the bank may retain its $45 billion retail partner card unit instead of continuing to search for a buyer.

Target's credit card unit earned $171 million for its second quarter ended July 30, benefiting from sharply lower losses on its cards after the financial crisis.

Visa's move to prompt widespread chip-card acceptance will have major consequences for merchants and card issuers, particularly if the other card networks do not follow its lead.

Smaller merchants may miss Visa's first deadline for chip-card acceptance by as much as two years, though larger merchants should meet that deadline easily.

In what it is calling a return to decades-old marketing tactics combined with new technology, credit-score giant FICO on Aug. 2 introduced a product designed to target credit card customer prospects more effectively in a sluggish market.

Debit issuers scrambling to ensure they have appropriate fraud protections may find their efforts cost them more than the one-cent perk the Fed offers under its new interchange fee rules.

U.S. consumer bankcard delinquencies hit a record low in June, while charge-off rates also improved again.

Citing improving economic conditions, TSYS reported a 3.9% increase in second-quarter revenue. Its net income rose 4%.

Legal experts say the placement and wording of the CFPB's form for credit card complaints may put an unwelcome spotlight on issuers' risk management strategies.