The Fort Worth, Texas, company will be competing in a segment of the U.S. card market that has grown more competitive in the last few years.

Analysts had expected the New York-based firm to boost its forecast as consumers increased spending on its cards.

Large card issuers began banning cryptocurrency purchases on their cards in February. But fintechs are allowing consumers to purchase and invest in digital currencies, and they say the risk is minimal.

A few early adopters — mostly restaurants — have gone cashless, but many merchants have concluded that cash must remain on their menu of payment options.

With Walmart reportedly weighing bids from Capital One alongside incumbent Synchrony Financial to handle its private-label credit card account, Synchrony's use of data and artificial intelligence are more important than ever.

The regulatory relief law passed this spring contained a measure to stop synthetic fraud, but the provision is incomplete.

Bank of America’s consumer loans grew a lot. But its rivals? Not so much. The mixed results raise questions about whether BofA’s performance is a leading or trailing indicator, and if credit quality is going to be more of a problem industrywide.

As Amazon Prime Day kicks off, credit unions are looking for ways to entice members to use the CU's card for purchases.

On Mar. 31, 2018. Dollars in thousands.

Price competition on deposits may finally force the largest banks to pay up, and consumers’ aggressive use of rewards and promotional rates is weighing on card income. And then there are those tariff fights that could hurt global clients.

The change in store card branding would be a big blow to Synchrony; “equivalence” with EU rules “falls far short” of U.S. banks’ hopes.

As banks beef up defenses, hackers are targeting the weaker link: customers.

The agency, with others, will work to stop consumer fraud; manager of four Morgan Stanley L.A. offices allegedly ignored harassment allegations.

An index that tracks late payments on consumer loans inched closer to historic norms, according to data from the American Bankers Association.

Citigroup and Mastercard replace Barclays and Visa as the card partners for the Maine apparel retailer.

Jennifer Jackson will succeed Shane Holdaway as head of the Toronto-based unit, which has 1,200 employees.

The final sale price came it at $6.9 billion, or about $900 million more than what the two firms agreed upon when the deal was announced in November.

Barclays has introduced an SMB credit card with a very targeted perk: It extends the interest-free credit periods up to 116 days for payments made at popular trade retailers Travis Perkins and Toolstation.

The Cincinnati company sold 5 million shares in the payment processor, as it continues to scale back its ownership stake.

Credit One Bank is America's fastest-growing credit card issuer. It's also the most complained about.