Credit card delinquency rates inched up slightly in August and most credit issuers also saw increased net-charge-off rates compared to July, according to a Seeking Alpha report Thursday (Sept. 16), a couple of signs that the elusive “new normal” may be coming to the credit...
Credit card firms Citigroup and American Express have released statistics on the August delinquencies in credit card payments, with Citi’s delinquency improving and American Express holding steady. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
It’s been a busy first half for mobile card apps, as they add features and rack up downloads for a population that’s cracking the code on paying for stuff with their smartphones. Get the Full Story Complete the form to unlock this article and enjoy...
U.S. Bank will be working with Mastercard on a new card for fleet-related expenses, according to a press release. 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...
Payment card maker CompoSecure Holdings is continuing to delve into the world of cryptocurrency storage and security solutions via a new partnership with crypto platform Gemini. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
You pays your money, they say, and you takes your chances. 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...
Payment services company Corserv has collaborated with Boost Payment Solutions to broaden the use of commercial card offerings for financial institutions, according to a Tuesday (Aug. 10) announcement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Scotiabank is introducing a new product, Scotia SelectPay, that gives customers the power to turn their credit card balances into preset monthly installments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Back in May, the Federal Reserve Bank of New York told of a “confounding” slide in credit card debt amid increased spending. Yet the darling buds of May foretell growth — springtime and all that, don’t you know — and it’s been a growing season...
