Senators Bernie Sanders, I-Vermont, and Josh Hawley, R-Missouri, introduced a bill Tuesday (Feb. 4) that would cap credit card interest rates at 10%. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
The general tone of earnings season has been cautiously optimistic, as banks and payment networks have pointed to the willingness of consumers to keep spending. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
A battle in Illinois over interchange fees could influence other states to decide whether these fees should be reshaped or banned. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Conventional wisdom is that younger generations are tech-savvy and the most willing to try new devices, apps and payment methods. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
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...