Credit cards
Credit cards
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The e-commerce giant is muscling its way into a number of businesses that banks have long dominated.
March 18 -
The country’s ratio of household debt to disposable income reached a record 171% in 2017.
March 13 -
Amazon.com is planning to offer a credit card to U.S. small-business customers, furthering its push to supply companies with everything from reams of paper to factory parts, according to people with knowledge of the matter.
March 12 -
A motivating speech from a female executive at the Ogilvy ad agency 15 years ago helped steer Denise Pickett to new heights at American Express. As did having a family willing to move to the U.S. from Canada.
March 12 -
To accomplish what she has in her 10-year tenure with Mastercard, Dana J. Lorberg simply had to be two things: "I am a programmer and a girl geek."
March 12 -
Ask Carleigh Jaques to build a new digital payments system, and there's a very good chance she'll turn to her "inner architect" and deliver the goods. After all, the senior vice president and global head of digital products for Visa has designed and built three houses — in her spare time.
March 12 -
One of the reasons Alice Milligan loves the payments field is because there’s so much room to improve processes. This satisfies her on many levels.
March 12 -
In a 26-year career at Discover Financial Services, it would seem that Amy Parsons has earned the title of a "doctor" of payments.
March 12 -
U.S. banks are sitting on a $1.03 trillion mountain of credit card loans. More borrowers are starting to default. Yet lenders know they can't sell souring debt to just any collector.
March 9 -
The bill would raise the threshold to $250 billion for SIFI banks; small banks that lowered credit standards to attract customers are paying the price.
March 5 -
On Sep. 30, 2017. Dollars in thousands.
February 26 -
Citi will refund $335 million to cardholders whose rates weren’t lowered; customers had trouble with BB&T’s online and phone services and ATMs.
February 26 -
Citigroup Inc., one of the world’s largest credit card issuers, said it will refund $335 million to U.S. customers whose annual percentage rate should have been lower.
February 23 -
Facing pressure to act on gun control laws, the bank said it would not "renew its contract with the National Rifle Association to issue the NRA Visa card."
February 22 -
The card activation process is relatively low-tech, but since its introduction nearly three decades ago it has been hugely effective in preventing credit cards from falling into the wrong hands. Among its pioneers was Ash Gupta, American Express’ president of global credit risk, who is retiring next month.
February 16 -
In some states, total mortgages outstanding are at all-time highs, but in others hard hit by the financial crisis they remain well below their 2008 peaks, the New York Fed said Tuesday in its quarterly report on household debt.
February 13 -
Women who work at Mastercard Inc. earn 99.1 cents for every dollar men make for “equal performance at the same level,” according to a report the company released Monday.
February 13 -
U.S. consumers are borrowing more than ever to buy homes and cars, pay for college and even finance every day purchases. Is it a display of confidence in the U.S. economy or are many households living far beyond their means?
February 11 -
For many newcomers to the U.S., establishing credit is a big challenge. A handful of entrepreneurs are developing tools to help verify their financial histories.
February 9 -
The U.S. charged 36 people in a takedown of an international cybercrime ring that prosecutors say used the slogan “In Fraud We Trust” and stole $530 million with the help of pilfered identities and malware.
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