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With the coronavirus pandemic forcing far more e-commerce transactions — and thus, more spending on cards instead of cash — loyalty and rewards are vital to creating lasting consumer habits.
May 6 -
Millions of Americans have yet to receive their stimulus checks, leading progressives to demand reforms improving underbanked consumers’ access to the financial system.
May 5 -
Bankers are bracing for accusations of discrimination in the way Paycheck Protection Program loans were allocated.
May 5 -
A letter from Todd Harper, a member of the National Credit Union Administration board, called on lawmakers to make a variety of legislative changes to help credit unions and consumers weather the pandemic.
May 5 -
It's time for agencies like the Small Business Administration to stop playing catch-up and invest in state-of-the art technology.
May 5
Alliance for Innovative Regulation -
Marriott International Inc. raised $920 million in cash through deals with co-branded credit card companies as it rides out the pause in travel due to the coronavirus.
May 5 -
The largest U.S. banks stepped up lending to dominate the government's small-business rescue program after playing an undersized role in its early days.
May 5 -
U.S. banks under $10 billion in assets made 60% of the loans in the first round of the Paycheck Protection Program; things go relatively smoothly in the U.K. as 110,000 small businesses apply for low-cost loans.
May 5 -
Stay-at-home orders and business shutdowns have led to a sharp decline in consumer use of credit and debit cards.
May 4 -
Visa’s the first card company to push back the October deadline for U.S. gas station EMV compliance, but that’s just one of a mounting set of challenges petroleum merchants are facing because of the coronavirus.
May 4







