American Express said Thursday (Jan. 16) that it expects to pay $230 million to settle previously disclosed investigations by the U.S. Department of Justice and the Federal Reserve. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
For banks and credit unions looking to modernize, the timing has never been better. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...
Brex secured a $235 million credit facility to expand its ability to provide global corporate cards and solutions for expense management, travel, banking and bill pay. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Credit card defaults are at their highest level since 2010 as consumers feel increasingly stretched. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...
More than a quarter of consumers own a store card, defined as a card that exclusively features a retailer’s branding. While co-branded cards can be used across several retailers, store cards can be used only at a particular merchant. Get the Full Story Complete the...
Rewards are among the key determinants in how consumers choose — and use — credit cards. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...
The United Kingdom’s Payment Systems Regulator (PSR) proposed a price cap on cross-border interchange fees and is seeking comment on the level at which the cap should be set. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Fifty-three million U.S. consumers don’t have a credit card and are known as “credit card outsiders.” This diverse group includes both younger people seeking to build credit and older, cautious consumers. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
European lawmakers reportedly asked the United Kingdom’s Payment Systems Regulator (PSR) to reconsider its plans to restore a cap on interchange fees that was lifted after Brexit. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
