The new feature allows users to add thin-file spouses and teens on one account.

By taking its U.S. card issuing technology to more countries, the fintech is becoming a bigger threat to the acquiring banks that focus on B2B payments.

By taking its U.S. card issuing technology to more countries, the fintech is becoming a bigger threat to the acquiring banks that focus on B2B payments.

Citigroup, the world’s largest credit card issuer, is looking to jump-start efforts to acquire new cardholders after the pandemic caused it to curtail such activities last year.

BofA is awash in liquidity, but an uptick in credit card applications and heightened interest from commercial borrowers have executives hopeful that loan demand will soon rebound.

Lease-to-own fintech Acima has launched a virtual Mastercard payment card to allow underbanked consumers to lease eligible products and eliminate risk for merchants as Acima purchases the goods for rental.

Gap and Synchrony Financial are parting ways after they couldn’t reach an agreement to renew their longstanding card partnership.

Issuers may provide relief for borrowers who fall behind on installment loans — and mitigate some of the reputational hit to merchants in the process.

Issuers may provide relief for borrowers who fall behind on installment loans — and mitigate some of the reputational hit to merchants in the process.

U.S. consumer borrowing surged in February by the most since late 2017 as a broader reopening of the economy from pandemic restrictions helped spark an increase in credit card balances.