Capital One and Synchrony earnings results this week highlight a consumer credit market that is becoming more segmented: lenders are drawing finer distinctions within credit tiers, millions of new accounts are still being opened and card products are increasingly being matched to both a borrower’s...
Robinhood is reportedly revamping its platinum card in response to customer complaints about its perks. 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...
Electronics giant Samsung has teamed with Barclays to roll out its first credit card. 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...
The operating assumption in card issuing is that better technology should produce better economics. Card issuers have largely won the technology-access battle. Instant issuance, mobile wallet provisioning, real-time fraud controls and personalized offers are no longer reserved for the largest banks. However, broader access has...
Robinhood Markets is weighing the sale of between $400 million and $500 million of asset-backed securities, including a bond backed by bills for its branded consumer credit cards, Bloomberg reported Monday (July 13), citing unnamed sources. Get the Full Story Complete the form to unlock this article...
Customer lifetime value has long been treated as an output metric, a way to judge whether a card portfolio performed well after the fact. Increasingly, issuers are using it as an operating discipline, measuring whether every decision improves the odds that a customer stays longer,...
Financial services platform Mercantile has joined forces with American Express and the American Bar Association (ABA). 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...
Watch more: Need to Know With Galileo’s Shankar Pandravada 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,...
Small business owners have a message for the companies that issue business credit cards. They want digital tools, but keep a human nearby. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
