Retailers used to be able to hold onto their physical presence as a differentiator against Amazon. In the past year, Amazon has taken even that advantage away.

The companies posted profit and revenue in the three months ended Dec. 31 that beat analysts’ estimates and boosted their 2018 earnings forecasts.

San Diego-based CU is the first new owner of the CUSO in 2018.

When Kenneth Chenault, chief executive officer of American Express Co., steps down Thursday, the number of African-American CEOs in the Fortune 500 will drop to three, a 50% decline in the past two years.

Having chargebacks have been a consistent thorn in merchants' sides for much of the past decade — and to make matters worse, while 82% of merchants say they actively dispute chargebacks, 24% have no idea what their win rate is.

On Sep. 30, 2017. Dollars in thousands.

David Nelms said that many digital lenders do not understand how to underwrite personal loans properly, and he took a dig at their lack of profitability. The upstarts say their industry's ability to attract capital speaks for itself.

The hunt for solid credit card customers is driving issuers to try creative new approaches, including digging deeper for good prospects who fall outside the usual parameters of U.S. credit scoring models.

The credit card lender said late payments increased during the quarter but that it expects them to level off in 2018.

Consumer lending was a bright spot, but a series of one-time charges, capped by a writedown on its deferred tax assets, led to a nearly $1 billion loss.

Fears about regulators coming down on digital currency trading caused an epic crash in the market. But reining in this evolving asset class won't be easy.

The Stamford, Conn.-based credit card issuer saw improvement in late payments by its customers, but the pace of loan growth also slowed during the fourth quarter.

The dark cloud that was the lost Costco card portfolio didn't garner a mention during the American Express 2017 fourth-quarter earnings call Thursday — the first time in many quarters that this was the case.

A string of cobrand credit card wins is getting expensive for American Express Co.

Through an arrangement with First Data and JCB International, Discover will expand its card acceptance at merchant locations in Hong Kong to better accommodate travelers carrying Discover cards.

With only two weeks left in his role as CEO at American Express, Kenneth Chenault is already on to a new challenge as he becomes the first black executive to become a member of the Facebook board of directors.

Breaches help crooks diversify, but stolen cards thrive in the black market, writes Angel Grant, director at RSA's fraud and risk intelligence unit.

The two banks' tax reform expectations differ as they move in opposite directions; bank bows to pressure to report pay discrepancies.

Debt transfers, dining rewards and easier security are all ways to enhance relationships with consumers are card options proliferate in a competitive environment, writes Thomas Donaldson, senior credit specialist at CompareCards.

Petal has received a $13 million funding round from Valar Ventures, a New York-based venture capital fund that specializes in financial technology, to use artificial intelligence to fill holes in legacy risk vetting.