Citigroup’s latest results took note of continued spending on credit cards but there were some notes of caution in the mix. The earnings materials detailed...
A growing share of credit card accounts are past due on their payments. The Federal Reserve Bank of Philadelphia said in a Wednesday (April 10) press release that...
Retailers’ revenue from store credit cards is reportedly facing pressure for several reasons. These forces are impacting all retailers, but especially department stores, whose businesses...
Airwallex has launched the Borderless Visa Card for businesses in Canada. The virtual card, announced Wednesday (April 10), is issued by Peoples Trust Company and lets Canadian businesses make...
Discover Financial Services has collaborated with Google Cloud to provide generative artificial intelligence (AI) tools to Discover’s contact center agents. The rollout of the GenAI...
A federal lawsuit challenging new credit card late fee limits will remain in Texas. The U.S. Court of Appeals for the Fifth Circuit ruled Friday (April 5)...
Unemployment dropped 3.8% last month, offering another sign that the U.S. economy is on a slow but steady upward trajectory. And while this news is...
Mastercard has added new cardholder benefits that include offers from health and wellness, travel and lifestyle brands. The new offerings include benefits for consumer cardholders and...
Many small and medium-sized businesses (SMBs) adhere to lean business practices where decisions to borrow money must be weighed against an array of factors including...