On Dec. 31, 2018. Dollars in thousands.

The bank may end its venture with First Data to work on its own; State Street and BNY Mellon's fee revenue from investor clients and stock prices are down.

Democratic presidential candidate Bernie Sanders and Rep. Alexandria Ocasio-Cortez accused banks of acting as “modern-day loan sharks” and called on Congress to enact a federal limit of 15% on credit card interest rates.

It's not likely most lenders or credit card issuers would jump at the chance to give more money to a customer having trouble making payments. But for some borrowers, that may be the best solution to this problem.

After quiet experiments, Citigroup is expanding perks designed for credit cards to encourage sales of other banking products.

More U.S. consumers are defaulting on their credit cards, but banks may be holding onto the riskiest loans instead of passing them off to investors, according to a report from Barclays.

A former call center worker says he lost his job last year after reporting that employees were given incentives to market credit cards to ineligible borrowers.

Among his many responsibilities in the newly created role, Brian Doubles will be in charge of expanding Synchrony's direct-to-consumer banking business.

Here are seven startups that received multimillion-dollar venture capital investments in recent weeks to accelerate the development of banking products and services.

Thirty-day delinquency rates, a harbinger of future write-offs, also increased at all seven of the largest U.S. card issuers in the first quarter.

Barclays has been highly active and aggressive in payments innovation on its home turf, giving it insight into which of its projects could find footing as it expands in the U.S.

The company's credit card business has been outpacing industrywide loan growth. In the first quarter, results were also aided by higher loan yields.

The strong growth in commercial lending made up for more modest gains in credit card and auto lending, its two largest business lines.

Visa’s not worried about the massive consolidation that’s sweeping the payments industry, seeing it as a force to extend payments innovation globally.

Credit union share of the credit card market is at a record high but there are concerns that this debt could begin to sour if the economy turns.

Mastercard is expanding its Girls4Tech education outreach program with new partnerships, and tightening the focus on subjects broadly in demand in the payments industry.

Change in strategy to lure new customers; new FHFA director wants to make Fannie, Freddie “stronger, healthier."

JCPenney ended support for Apple Pay in its stores and also removed the mobile payment option from its app, a surprising reversal for a brand that offered Apple Pay in 2015, within a year of its rollout. There are multiple factors in play here.