TransUnion's analysis of Canadian credit trends found that the average consumer's debt (excluding mortgage) jumped 4.6 percent to $26,768 in the third quarter, the largest increase in nearly two years.

American Express Co.’s directors were sued by a shareholder over practices that led to a $112.5 million settlement of claims that it violated consumer safeguards.

Consumer credit increased in September thanks largely to student loan growth but Americans appeared to use their credit cards more sparingly, according to Federal Reserve data released Wednesday.

Huntington Bancshares said it plans to add 250 jobs in the Buckeye State over the next four years to support its new credit card business.

Target Corp. says it has reached an agreement to sell its consumer credit card portfolio to TD Bank Group.

American Express Co. reported third-quarter net income of $1.25 billion, up 1% from the same period a year ago, as customer spending grew worldwide.

A TransUnion study found that people who monitor their credit files open significantly more new credit cards and auto loans, and perform about as well on those loans as people who do not monitor their files.

A Philadelphia company that used telemarketing services to pitch platinum credit cards has settled charges brought by the Federal Trade Commission.

Prosper Marketplace, the online peer-to-peer loan facilitator, announced Oct. 3 that it hired Josh Tonderys, a former executive at Barclaycard US, to be its chief risk officer.

Although American Express received lighter fines than the two previous credit card players targeted by the Consumer Financial Protection Bureau, many believe the CFPB's third enforcement action is its biggest statement yet.

Discover Financial Services has agreed to refund hundreds of millions of dollars to settle a regulatory probe of its credit card marketing practices.

The operators of a Philadelphia-based telemarketing scheme will pay more than $7.5 million to settle FTC charges that they peddled bogus credit cards and illegally debited consumers’ bank accounts.

Echoing elements of the mortgage robo-signing controversy, investigators are looking at whether JPMorgan Chase and other banks botched the documentation and amounts owed on card debts they sold.

Issuers are finding more and more sophisticated ways to entice consumers to swipe their cards over those of their rival banks.

Total consumer borrowing fell $3.3 billion in July from June, the first decline since August 2011, according to the Federal Reserve.

A program announced Thursday allows any individual with a security background or interest in payments security to become a certified PCI Professional.

The FTC is mailing refund checks to 4,468 consumers who allegedly were defrauded by a telemarketer who used robocalls to pitch bogus credit card rate reduction programs.

The number of open retail credit card accounts in the U.S. has reached heights not seen since the end of 2009.

The rate at which lenders declare credit card loans uncollectible ticked up at four of the six largest issuers in July from the previous month.

Delinquency rates across credit card, home and auto finance accounts dropped by double-digit percentages in July compared with a year ago, according to Equifax.