The nation’s two largest banks don't want the credit risk associated with the transactions.

Retailers used to be able to hold onto their physical presence as a differentiator against Amazon. In the past year, Amazon has taken even that advantage away.

The companies posted profit and revenue in the three months ended Dec. 31 that beat analysts’ estimates and boosted their 2018 earnings forecasts.

San Diego-based CU is the first new owner of the CUSO in 2018.

When Kenneth Chenault, chief executive officer of American Express Co., steps down Thursday, the number of African-American CEOs in the Fortune 500 will drop to three, a 50% decline in the past two years.

Having chargebacks have been a consistent thorn in merchants' sides for much of the past decade — and to make matters worse, while 82% of merchants say they actively dispute chargebacks, 24% have no idea what their win rate is.

On Sep. 30, 2017. Dollars in thousands.

David Nelms said that many digital lenders do not understand how to underwrite personal loans properly, and he took a dig at their lack of profitability. The upstarts say their industry's ability to attract capital speaks for itself.

The hunt for solid credit card customers is driving issuers to try creative new approaches, including digging deeper for good prospects who fall outside the usual parameters of U.S. credit scoring models.

The credit card lender said late payments increased during the quarter but that it expects them to level off in 2018.