The cards could prove to be popular with Americans who travel frequently to Asia.

CFO John Shrewsberry projects that legal costs and other expenses related to the scandal will swell to between $50 million and $60 million and remain at that level for the next several quarters.

Payments increasingly are the anchor connecting diverse business functions, including in the commercial trucking industry, where tools built into fleet card apps are helping to cut costs and paperwork for fuel taxes, workplace safety and other functions.

Cashless payments provider SIX Payment Services has launched a virtual PayLife credit card for making mobile payments in Austria.

Consumers will be able to avoid manually entering a full account number on a mobile screen.

On Sept. 30, 2016. Dollars in thousands.

The fleet card provider WEX isn't sure how blockchain can help its business, but it's confident enough in the technology's promise to move forward.

Total loans rose 7%, but the provision for loan losses jumped 27% to $1.7 billion.

Strong loan growth was partially offset by rising delinquencies in its flagship credit card business, as well as in student and personal loans.

Credit card issuers usually reserve their richest rewards for customers at the higher end who are willing to pay steep annual fees. But a recent surge in credit card rewards deals targeting mainstream consumers signals a key strategy shift for issuers.