The expenses jumped 33% last quarter, which was generally in line with trends elsewhere in the credit card industry. The battle for new customers is “intense,” CEO Richard Fairbank told analysts.

Switching from a horizontal layout — a relic of embossed account numbers — is an attempt by issuers like HSBC, Starling Bank and Bank of America to address accessibility challenges faced by customers with dementia, visual impairments and other conditions.

JPMorgan Chase will introduce a credit card with Instacart this year, the first foray into grocery for the country’s largest co-brand credit card issuer.

A coalition of trade associations representing some of the world's largest retailers called on U.S. antitrust regulators to examine the fees charged by credit card companies after Amazon.com threatened to ban Visa cards in the U.K.

Citi will conduct a search for David Chubak's replacement as head of the retail services business, which provides private-label and co-brand credit cards for merchants including Macy’s and Best Buy.

UniCC is the the largest dark web vendor of stolen credit cards, with $358 million in purchases made through the market since 2013 using cryptocurrencies, according to a blockchain forensics firm.

Goldman's second consumer credit card borrows many features of its three-year-old Apple Card, such as instant issuance through a mobile app and an emphasis on virtual account numbers.

Two co-founders of the company are expected to give depositions this month in a suit brought by an entrepreneur who says one of them stole her idea of providing credit to immigrants and turned it into a multimillion-dollar venture. Petal denies the allegations.

Alliance Data Systems, which saw key clients like Pier 1 Imports shuttered during the pandemic, has diversified into buy now/pay later loans and other credit products it offers to consumers directly and through merchants.

Citigroup and Macy’s renewed their longtime credit card partnership after the two spent months renegotiating the terms of the agreement.