Credit cards
Credit cards
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As long as there has been mobile commerce, there have been calls for different stakeholders to share competitive turf in the name of universal acceptance.
December 20 - PSO content
The government of President Michel Temer has signaled that it wants to tackle the staggeringly large spread between Brazil’s benchmark Selic rate - currently 13.75 percent - and the average annual interest on credit cards, which is somewhere north of 450 percent.
December 19 - PSO content
WEX Inc. will issue Chevron U.S.A.’s fleet cards, including all Chevron and Texaco cards for commercial fleets, beginning in early 2018, the companies have announced.
December 19 -
Credit One Bank in Las Vegas, Nev., a credit card specialist, plans to almost double its workforce over several years to support business growth.
December 16 -
Wells Fargo continues to sustain damage from consumers who were put off by the company's phony account scandal.
December 16 -
American Express Co. hopes to add star power to its high-end Platinum credit card by bringing musician and style icon Pharrell Williams in as the brand’s first-ever creative director, as competition in the luxury credit card segment intensifies.
December 15 -
Consumers have long had options to pay for high-value purchases through monthly installments, but payments providers — from PayPal to Mastercard — have typically focused on other ways to lift purchase volume.
December 15 -
As online shopping and card fraud increase, startups offering easy-to-use “burner” cards could see strong traction.
December 13 -
In a move to boost recruitment and retention while keeping up with the corporate Joneses, American Express said it will offer 20 weeks of paid leave to any U.S. employee of either gender who has a child through any means, including adoption and surrogacy. Birth mothers will get an additional six to eight weeks of paid medical leave on top of that.
December 12 -
In a move to boost recruitment and retention while keeping up with the corporate Joneses, American Express Co. said it will offer 20 weeks of paid leave to any U.S. employee of either gender who has a child through any means, including adoption and surrogacy. Birth mothers will get an additional six to eight weeks of paid medical leave on top of that.
December 12 -
Lawsuits can be costly and time-consuming for all parties, so many plaintiffs attorneys are now trying to win quick settlements for their clients by bombarding banks with letters simply threatening them with lawsuits. One plaintiffs attorney admits to sending 250 such letters a month.
December 8 -
The growth that followed the turnover of Costco's payment cards from American Express has been greater than expected, according to the bank.
December 8 -
Citigroup in early December added its 1 millionth new customer to the Costco card portfolio it acquired earlier this year.
December 7 -
President-elect Trump has a number of options to change the Consumer Financial Protection Bureau and its leadership, but each moves carries at least some risk.
December 7 -
JPMorgan Chase & Co.’s new Sapphire Reserve credit card will reduce the bank’s profit by $200 million to $300 million in the fourth quarter, according to Chief Executive Officer Jamie Dimon.
December 6 -
Wells Fargo's retail bank trends in November were probably similar to those in the previous month, CEO Tim Sloan said Tuesday at an investor conference in New York.
December 6 -
JPMorgan Chase's new Sapphire Reserve credit card will reduce the banks profit by $200 million to $300 million in the fourth quarter, according to CEO Jamie Dimon.
December 6 -
Canadians have a simple message for the U.S. credit card industry: Don't fiddle with our rewards programs.
December 6 -
Alliance Data Systems, a Texas-based card issuer, has scrapped plans to let rewards points expire after customers north of the border revolted.
December 5 -
Mastercard cardholders in the U.K. will soon have the ability to choose a financing option for scheduled payments when making a purchase at a Verifone point of sale terminal accepting the new application.
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