Major card brands have been competing to surpass each other with rewards and premium card offerings for decades, but American Express still views the premium card world as one it dominates.

Bill to end the guidance intended to fight discriminatory lending now goes to the House; card company’s push to make more loans to customers pays dividends.

American Express Co., long known to issue cards that had to be paid off in full every month, now wants its customers to take their time paying it back.

Fed vice chair wants to put stress test scenarios out for comment by banks; C&Is outstanding at record level in March.

Two years ago, Marriott split its customers between two card issuers following its acquisition of Starwood Hotels. Rather than choose one over the other, the chain has challenged Amex to draw a clear line between its cobrand card and that issued by Chase.

Mastercard has hired Michael Froman, who was a top trade adviser to former President Obama, as the card brand’s vice chairman and president of strategic growth.

Concerned about rising default rates, banks "significantly" tightened underwriting in the first quarter, the Bank of England said in a report published Thursday.

Retail banking chief Christian Sewing will become CEO immediately; higher deposit rates could trim lending margins as banks head into earnings season.

Ann Cairns has been named vice chairman at Mastercard, effective June 1, moving on from her role as president of international markets for the card brand.

The "Global Good Card" from Summit Credit Union has donated nearly $12,000 to the Worldwide Foundation for Credit Unions, and one person leading the charge says the program can easily be exported to other CUs.