New bureau research digs into the fees that bettors get charged when they use credit cards to fund gambling accounts.

The post-pandemic increase in consumers falling behind on their credit card bills seems to be tapering off. "For 2025, we're seeing a lot of stability in delinquencies," an industry researcher said.

Banks that don't focus on credit cards for this market may find larger banks and fintechs are eating their lunch.

The Clearing House increased its transaction limit from $1 million to $10 million; Mastercard settled a card fee lawsuit; and other news from the world of payments.

The niche buy now/pay later firm is looking for differentiation in a crowded market with recognizable brands like Klarna, Affirm and Afterpay.

Elevations Credit Union is paying athletes at the University of Colorado Boulder by way of a new credit card. The annual fee, plus two cents per transaction, will go to a collective that provides financial support to Buffaloes players.

The reduced pace of consumers moving into delinquency adds evidence to the thesis that households are facing lower financial stress.

Bank fees don't arise from a naked profit-grab, but from an effort to offset current or expected losses. Eliminating one kind of fee just pushes banks to find an alternative method of recouping those losses.

The buy now/pay later company beat analysts estimates on revenue and net income and is trying to get more frequent usage out of its customers.

In a tough market for fintechs, Brex, Green Dot, Marqeta, and others are looking for ways to connect their clients to services outside of banking, a strategy that comes with regulatory risk.

Transaction volume and nonpayment services boosted earnings, and the card network expects these trends to continue into 2025.

CEO Ryan McInerney said the case showed a "clear lack of understanding of the payments ecosystem" after the payment card processor posted better-than-expected earnings.

The credit card heavyweight said that it expects its acquisition of rival Discover will close in early 2025, pending the approval of shareholders and regulators.

With the payments industry looking for signs of consumer distress, the credit card company says spending is starting to stabilize and it's retaining customers at a strong rate.

New York Attorney General Letitia James asked a state court for permission to issue subpoenas to Capital One as part of an ongoing antitrust probe by the state,

The Consumer Financial Protection Bureau said Goldman Sachs failed to investigate tens of thousands of disputes, while Apple misled iPhone purchasers about interest-free payment options. The two companies were ordered to pay $89 million.

Section 1033 promised to increase competition in banking and improve the ability to offer novel payment methods, but experts say the regulation isn't clear enough to have a major impact.

During Thursday's earnings call, Chief Financial Officer John Greene told analysts that "everyday living expenses" are a challenge.