Credit

Visa has nabbed an executive from media company Time Inc. to be its chief marketing and communications officer.

Discover says it will help consumers seeking to establish or rebuild a credit score by expanding the availability of its Discover It Secured Credit Card, which offers the cash-back rewards and security measures of its mainstream cards.

Reeling from the loss of the Costco account and other setbacks in 2015, American Express is looking to the future the same way any investor might — banking on the diversification of its portfolio to slowly climb back.

More companies are using installment payments to lure consumers away from credit cards, and MasterCard is testing a model that could lure them back.

Discover has taken a deeper step into the airline miles rewards card competition, shifting the tone of its TV advertising with its first commercial for the It Miles card it introduced last year.

Wells Fargo and American Express have launched their third credit card product together.

FuturePay hopes its alternative credit model can shake up in-store payments as the company plots to go beyond its e-commerce roots.

Fidelity Investments is dropping American Express Co. and Bank of America Corp. as partners for its cash-back credit card, capping a year of fierce competition among networks and lenders for deals that bring in customers.

Charles Cawley, who founded MBNA Corp. and built it into an affinity credit-card empire that was sold to Bank of America Corp. for $35 billion, has died. He was 75.