Credit

Citigroup Inc. reached a deal to issue most of its global consumer credit and debit cards on MasterCard Inc.'s network.

Opponents of Visa Inc.'s and MasterCard Inc.'s $5.7 billion settlement with merchants over fees want access to documents that may have been disclosed to a lawyer facing federal charges in a fraud scheme unrelated to the credit-card litigation.

Change is coming to the credit card industry following the government's recent antitrust victory against American Express, but the next few weeks could determine how deep the changes are — and who wins and loses.

American Express Co., the lender that lost one of its biggest retailer partnerships and suffered a defeat in an antitrust lawsuit this month, is raising interest rates on a swath of credit cards for the first time in more than five years.

When it comes to mobile banking technology firm Digital Insight's new replacement for passwords, the "eyes" have it.

BBVA Compass is planning to issue a new credit card in partnership with American Express and the National Basketball Association.

American Express will certainly suffer when its 16-year cobranding deal with Costco ends in 2016, but its executives will spend the next year building up the card brand's digital payment products to create enough opportunities to ease the company's short-term pain and guarantee its long-term health.

American Express Co., the biggest U.S. credit-card issuer by customer purchases, said its co-brand and merchant agreements with Costco Wholesale Corp. in U.S. stores will end next year.

PayItSimple USA Inc., which enables installment payments for merchants and consumers, has integrated with online payment processor Stripe.

National Recovery Solutions, a Lockport, N.Y.-based accounts receivable company, has increased online payments by 25% and reduced delinquencies by 40% in less than a year by adding a Virtual Negotiator to its debt collection team.

Discover, the only major U.S. card brand not connected to Apple Pay, is thus one of the few major credit card issuers not shoehorning Apple into its ads. But Discover has never been one to ignore a marketing opportunity.

A federal judge has upheld a Texas law that bars the state's retailers from charging an additional fee to customers who pay with a credit card.

The Consumer Financial Protection Bureau is seeking to permanently ban a credit provider in Texas from offering any services because of allegations that it ran a "sham credit card" business.

Payment technology provider Adyen is establishing Bitcoin as a payment option for consumers playing online games from U.K.-based Jagex.

Green Dot Corp. plans to start offering credit lines to its customers, a move that likely foreshadows how new regulations will reshape the prepaid card industry.

Visa Inc., the world's largest payments network, posted fiscal first-quarter profit that beat analysts' estimates as card spending increased.

2014 ended roughly for some of the biggest payment companies, and 2015 will bring even more challenges from rapidly changing technology and nimble startups.

One of the engines driving Kenya's mobile-money transformation is poised for export.

PayPal is enabling monthly installment for larger purchases and offering business consulting, a move that will allow the company to handle larger transactions and extend its merchant services.

Customers give slightly higher marks to retail banks for their overall customer service than they do to credit card issuers, even if the credit card service is a division of the same bank, according to a recent survey of credit and debit cardholders.