Credit Cards

Amex Reserves $387M for Bad Loans as Inflation’s Bite Continues
Credit Cards
Amex Reserves $387M for Bad Loans as Inflation’s Bite Continues
October 21, 2022

American Express said Friday (Oct. 21) that it had put aside more money for delinquent loans than anticipated, another red flag for U.S. consumer health. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

BofA, AmEx Report Rising Credit Card Delinquencies
Credit Cards
BofA, AmEx Report Rising Credit Card Delinquencies
October 17, 2022

Credit card delinquency rates in the U.S. are slowly creeping upward, Bank of America and American Express reported Monday (Oct. 17). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Bond Financial Technologies, i2c Partner on Credit Card-as-a-Service
Credit Cards
Bond Financial Technologies, i2c Partner on Credit Card-as-a-Service
October 17, 2022

Embedded finance platform Bond Financial Technologies has partnered with digital payment and banking technology provider i2c to launch credit card-as-a-service solutions.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Report: FTC Probes Visa, Mastercard Over Debit Security Tokens
Credit Cards
Report: FTC Probes Visa, Mastercard Over Debit Security Tokens
October 17, 2022

The Federal Trade Commission (FTC) is reportedly looking into whether Mastercard and Visa’s security tokens prevent debit-card routing competition on certain digital payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Consumers Strive to Keep Current on Credit Cards as Expense Juggling Act Intensifies
Credit Cards
Consumers Strive to Keep Current on Credit Cards as Expense Juggling Act Intensifies
October 13, 2022

Inflation is proving a tough beast to tame. 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 Today. By completing this form, you...

Credit Card Swipe Fee Amendment Pulled From Defense Spending Bill
Credit Cards
Credit Card Swipe Fee Amendment Pulled From Defense Spending Bill
October 12, 2022

A last-minute bipartisan effort to package a credit card swipe fee amendment into a larger spending bill was ultimately unsuccessful. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

The Unintended Consequences of Durbin’s Proposed Routing Legislation
Credit Cards
The Unintended Consequences of Durbin’s Proposed Routing Legislation
October 10, 2022

It’s a movie that everyone in the payments industry has seen at least once: Merchants challenging the card networks over interchange. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

‘Self-Service’ Dispute Management Saves Merchants Time, Money — and Keeps Consumers Happy
Credit Cards
‘Self-Service’ Dispute Management Saves Merchants Time, Money — and Keeps Consumers Happy
October 07, 2022

To err is human. 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 Today. By completing this form, you agree to receive marketing...

44% of Disputed Credit Card Transactions Stem From Consumers
Credit Cards
44% of Disputed Credit Card Transactions Stem From Consumers
October 05, 2022

Unhappy — or simply confused — consumers can upend merchants and other enterprises’ top lines when they opt to dispute card transactions. Processing errors can cause revenue hiccups and losses. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...