Credit cards
Credit cards
-
International remittances are a key use case for Visa's stablecoin strategy, CEO Ryan McInerney said during its fiscal Q3 earnings call with investors. They also pair nicely with Visa Direct, the company's instant payment scheme, he said.
July 29 -
Mounting liabilities are raising the stakes for an economy that has come to rely more and more on high-end consumer spending to power expansion.
July 29 -
Bread Financial continues to keep its eye on the potential inflationary impacts of the Trump administration's trade policies, despite the fact that its delinquencies and losses declined in the second quarter.
July 24 -
The credit card issuer renewed and extended its 15-year partnership with Amazon and touted fresh partnerships with Walmart and PayPal as wins, but lowered its full-year guidance due to lower purchase volumes and higher payment rates.
July 22 -
Bank earnings have been largely positive in the second quarter despite concerns that tariffs would increase inflation and stifle economic activity. Payment divisions at banks reaped the rewards, too.
July 21 -
How banks can cater to this desire to prioritize experience spending and support customers to do more of what they love
-
New research from American Banker finds that card and check fraud has gotten more problematic for bankers over time.
July 16 -
Historically high interest rates and falling late-payment rates suggest that credit card issuers are tightening their underwriting standards amid economic uncertainty.
July 11 -
U.K. regulators said Monzo didn't properly vet new customers, while Vocalink was dinged for risk management lapses. Also, Paxos launched a dollar-backed coin in the European Union; and more news in the weekly global payments and fintech roundup.
July 9 -
Research from Cornell University suggests that people assign different levels of social status to others depending on how they choose to pay for goods and services.
July 7