JPMorgan Chase (JPM), which is bracing for a crackdown over its credit card debt collections practices, is trying to give regulators less ammunition.

The U.S. Supreme Court reinforced companies' power to funnel legal disputes into arbitration, ruling in favor of American Express Co. in an antitrust clash with retailers over the credit cards they must accept.

JPMorgan Chase, Bank of America Corp., Capital One Financial Corp. and Discover Financial Services reported Monday that their credit card delinquencies and net charge-off rate fell in May from April.

Law enforcement officials have arrested 11 people suspected in a $200 million global credit card fraud operation, according to the Serious Organized Crime Agency, a unit of the British government.

Iowa Attorney General Tom Miller's office is heading an investigation into credit card collection practices, specifically focusing on the paperwork banks give to debt buyers.

New York Attorney General Eric T. Schneiderman announced Monday a settlement with GE Capital Retail Bank and CareCredit LLC, its subsidiary, that requires new protections for consumers who use CareCredit, a health care credit card that can carry an interest rate of higher than 26%.

The credit card delinquency rate - the ratio of borrowers 90 or more days past due - fell to 0.69% in the first quarter ended March 31 from 0.73% in the year-ago period, according to credit bureau TransUnion.

Visa's hiring of former JPMorgan Chase executive Ryan McInerney to be its new president maintains the card network's bond with the top-tier bank.

The rate of credit card payments at least 90 days overdue fell to 0.69% in the first quarter ended March 31 from 0.85% in the year-ago period, a nearly 19% drop, according to credit reporting agency TransUnion.

Chargeoffs at Capital One Financial Corp.'s U.S. card business fell to 4.61% in April from 4.69% in March, according to a Securities and Exchange Commission (SEC) filing.

Consumer borrowing rose $8 billion in March from February to $2.81 trillion, the smallest uptick in eight months, according to the Federal Reserve's G.19 report released Tuesday.

American Express Co. said Chief Financial Officer Daniel T. Henry is retiring later this year.

E-commerce company LivingSocial revealed last week it endured a breach in which attackers accessed its users' encrypted passwords. And while no payment data was exposed, cardholders should still be concerned.

U.S. consumers have yet to regain their appetite for revolving debt, a trend that's leaving credit card issuers hungry for profits.

American Express Co. posted a first-quarter profit that exceeded analysts’ estimates as consumers increased their spending on its cards.

American Express has promoted Edward P. Gilligan to the role of president, the company announced April 15.

JPMorgan Chase kicked off the first-quarter earnings season by announcing record high profits of $6.5 billion, but the results did little to boost investor confidence in bank earnings or ease scrutiny of the bank's business.

U.S. credit card delinquencies fell in March at Capital One Financial Corp. compared with a month earlier.

Lawyers for plaintiffs in a Visa Inc. and MasterCard Inc. antitrust case over interchange fees asked for final approval of a settlement along with $720 million in legal fees and $27 million in expenses.

Alliance Data Systems Corp. announced Tuesday that its Retail Services business has signed a long-term agreement to offer private-label credit card services for luxury retailer Barneys New York.