Online lenders now have close to 40% of the unsecured personal loan market, much of which is refinanced credit card debt. Banks' card portfolios are taking a hit.

"Institutional support" spurs cryptocurrency price gains; the regulation limits what banks can charge for going negative on accounts.

It’s no coincidence that with more than half of consumers ages 20 to 29 now holding credit cards — up from 41% in 2012 — 90-day delinquency rates are at a seven-year high, according to the New York Fed.

It’s no coincidence that with more than half of consumers ages 20 to 29 now holding credit cards — up from 41% in 2012 — 90-day delinquency rates are at a seven-year high, according to the New York Fed.

The legislation from Sen. Bernie Sanders and Rep. Alexandria Ocasio-Cortez is part of an effort to shift the range of what is thinkable in Washington to the left. It may also serve to highlight the vulnerabilities of Democrats with bank-friendly records.

On Dec. 31, 2018. Dollars in thousands.

The bank may end its venture with First Data to work on its own; State Street and BNY Mellon's fee revenue from investor clients and stock prices are down.

Democratic presidential candidate Bernie Sanders and Rep. Alexandria Ocasio-Cortez accused banks of acting as “modern-day loan sharks” and called on Congress to enact a federal limit of 15% on credit card interest rates.

It's not likely most lenders or credit card issuers would jump at the chance to give more money to a customer having trouble making payments. But for some borrowers, that may be the best solution to this problem.

After quiet experiments, Citigroup is expanding perks designed for credit cards to encourage sales of other banking products.

More U.S. consumers are defaulting on their credit cards, but banks may be holding onto the riskiest loans instead of passing them off to investors, according to a report from Barclays.

A former call center worker says he lost his job last year after reporting that employees were given incentives to market credit cards to ineligible borrowers.

Among his many responsibilities in the newly created role, Brian Doubles will be in charge of expanding Synchrony's direct-to-consumer banking business.

Here are seven startups that received multimillion-dollar venture capital investments in recent weeks to accelerate the development of banking products and services.

Thirty-day delinquency rates, a harbinger of future write-offs, also increased at all seven of the largest U.S. card issuers in the first quarter.

Barclays has been highly active and aggressive in payments innovation on its home turf, giving it insight into which of its projects could find footing as it expands in the U.S.

The company's credit card business has been outpacing industrywide loan growth. In the first quarter, results were also aided by higher loan yields.

The strong growth in commercial lending made up for more modest gains in credit card and auto lending, its two largest business lines.