Credit cards
Credit cards
-
The Consumer Financial Protection Bureau issued a proposal that could ultimately lead to tougher limits on what banks and other issuers charge cardholders for late payments.
June 22 -
The U.K.’s Payment Systems Regulator will focus a pair of market reviews on the rising card fees charged by Visa and Mastercard.
June 21 -
Mastercard can add new customers after the Reserve Bank of India removed restrictions on the firm, effective immediately, citing compliance with data-storage rules.
June 17 -
U.S. consumer borrowing surged again in April, following a record jump a month earlier, fueled by rising prices and the continued strength of American consumers.
June 7 -
The credit card issuer Synchrony Financial recently used FICO’s top competitor in a $1 billion deal. The choice is significant for VantageScore, but FICO remains the dominant credit score in the securitization market, according to analysts.
June 7 -
Bruised by recent public relations gaffes, the buy now/pay later pioneer is forging ahead with a plan to complement its installment loans with a physical Visa card.
June 3 -
The nation’s six largest credit card companies are facing questions from the Consumer Financial Protection Bureau over their alleged failure to report customer payment data on a regular basis. The agency says that the industry’s practices can hurt consumers’ ability to qualify for cheaper loans.
May 26 -
Strong spending trends, combined with a reduction in card repayment rates, contributed to 17% loan growth last month. The data suggests that rising fears of a recession aren’t yet changing consumers’ behavior.
May 19 -
The credit card provider is one of only a few fintechs around the world to have female CTO.
May 12 -
Star Alliance — the largest of the three global airline groups — is planning to offer a co-branded credit card that will allow cardholders to redeem points across all 26 members.
May 12 -
Deserve, a credit card technology startup, said it secured a $250 million credit facility from banks led by Goldman Sachs Group.
May 11 -
Twenty companies have joined the “Visa Ready” list of suppliers offering streamlined connections to installment loans online and at the point of sale.
May 10 -
On Dec. 31, 2021. Dollars in thousands.
May 9 -
On Dec. 31, 2021. Dollars in thousands.
May 2 -
Analysts were expecting Capital One’s marketing spending to slow significantly after it surged to nearly $1 billion at the end of the year.
April 27 -
Bank of America said it will make all of its plastic credit and debit cards from recycled material beginning next year.
April 21 -
Bread Financial — formerly Alliance Data — offers its first general-purpose Amex credit card to expand consumer finance options following a couple of tumultuous years.
April 13 -
Vanguard Group will give some American Express credit card customers access to financial advice, a business the fund manager is working to build up.
April 12 -
The newest version of the Mastercard gives users the most cash back for checking out with their PayPal accounts instead of for spending in specific categories.
April 5 -
Citigroup agreed to sell its consumer banking operations in Bahrain to Ahli United Bank BSC as part of the lender’s continued push to simplify.
April 5




















