credit card

Credit card is a payment card issued to cardholders to enable the cardholder to pay a merchant for goods and services based on the cardholder's promise to the card issuer to pay them for the amounts plus the other agreed charges.

Banks Find Item-Level Receipt Data Key to Fighting Friendly Fraud

Banks Find Item-Level Receipt Data Key to Fighting Friendly Fraud
Banks Find Item-Level Receipt Data Key to Fighting Friendly Fraud
March 20, 2023  |  Data & Research

With privacy top of mind for most consumers, opting into using receipt data may require collection transparency. Item-level receipt data integration has gained increasing attention....

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Appeals Court Approves Settlement of Visa and Mastercard Antitrust Suit
Appeals Court Approves Settlement of Visa and Mastercard Antitrust Suit
March 16, 2023  |  Credit Cards

A federal appeals court has approved a settlement of a class-action lawsuit brought against Visa and Mastercard. The settlement, in which the payment card networks...

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Bread, Discover and JPMorgan Chase Report Higher Credit Card Delinquencies
Bread, Discover and JPMorgan Chase Report Higher Credit Card Delinquencies
March 15, 2023  |  Credit Cards

Three companies saw their higher credit card delinquency and charge-off rates rise in February. Bread Financial, Discover Financial and JPMorgan Chase reported in recent press...

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Vexi Raises $8M to Expand Access to Credit in Mexico
Vexi Raises $8M to Expand Access to Credit in Mexico
February 16, 2023  |  Financial Inclusion

Mexican neobank Vexi has raised $8 million in a Series A funding round. TechCrunch reported Thursday (Feb. 16) that the startup offers only a credit...

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Goldman Sachs Abandons Plan for Consumer Credit Card
Goldman Sachs Abandons Plan for Consumer Credit Card
February 15, 2023  |  Banking

Goldman Sachs has reportedly stopped plans to launch a branded credit card for retail customers. Reached for comment Wednesday (Feb. 15) by PYMNTS, a spokesperson...

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Goldman to Report $2B Loss in Credit Card, Installment Businesses
Goldman to Report $2B Loss in Credit Card, Installment Businesses
January 08, 2023  |  Earnings

Goldman Sachs is reportedly set to unveil a $2 billion loss in its new business. The loss in its credit card and installment-lending business Platform...

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SMB Insurance Platform LuckyTruck to Launch Credit Card for Trucking
SMB Insurance Platform LuckyTruck to Launch Credit Card for Trucking
December 07, 2022  |  Spend Management

LuckyTruck is launching a credit card built for small trucking companies and their fleet managers.  This will be the first credit card offered by the...

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BofA Delinquent Credit Card Rate Creeps Up in August
BofA Delinquent Credit Card Rate Creeps Up in August
September 15, 2022  |  Credit Cards

Bank of America credit card metrics were mixed in August, with a slightly higher delinquency rate but better net charge-offs, a Seeking Alpha report said...

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