Revenue growth remained healthy across the payments industry this quarter, but earnings calls and P&L statements also shed light on what makes a payment network stronger over time. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
When AI agents start buying things, somebody has to settle the transaction. This week, the four largest card networks in the United States each made the same declaration: The Prompt Economy is their market, and they are building the rails for it. Get the Full...
Seventeen percent of card issuers have reached the high customer lifetime value (CLTV) tier. What sets them apart isn’t the number of capabilities they’ve deployed, but the order in which they built them. Get the Full Story Complete the form to unlock this article and...
Buy now, pay later was supposed to take business away from credit cards. Instead, credit cards appear to be taking a page from BNPL. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
American card delinquencies ticked up in June amid a downturn in charge-offs at major banks. 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,...
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...