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Corporate Card Startup Parker Folds After Failed Acquisition

Corporate Card Startup Parker Folds After Failed Acquisition
Corporate Card Startup Parker Folds After Failed Acquisition
May 14, 2026  |  Business

Corporate credit card startup Parker has apparently shut down after declaring bankruptcy. The company filed for Chapter 7 bankruptcy protection last week following a derailed $90 million...

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Fed Credit Data Points Toward Consumer Demand for Installments
Fed Credit Data Points Toward Consumer Demand for Installments
May 13, 2026  |  Consumer Finance

Consumers are still leaning heavily on credit cards, but the latest Federal Reserve household debt data suggests a growing number may soon be looking for...

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Amazon Debuts Small Business-Focused Credit Card
Amazon Debuts Small Business-Focused Credit Card
May 13, 2026  |  SMBs

Amazon Business has launched a credit card in tandem with Mastercard and U.S. Bank. The Prime Business Card and Amazon Business Card, announced Wednesday (May...

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Concora Credit Says Non-Prime Shoppers Still Have $5 Trillion to Spend
Concora Credit Says Non-Prime Shoppers Still Have $5 Trillion to Spend
May 12, 2026  |  Credit Cards

Watch more: Need to Know With Concora Credit’s Rolando De Gracia Non-prime consumers are not stepping back from commerce, but they are making more deliberate...

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The Case for B2B Card Acceptance Is in the Data
The Case for B2B Card Acceptance Is in the Data
May 11, 2026  |  B2B Payments

Watch more: Need to Know With Mastercard’s Marc Pettican  In a world where companies are being pressured to do more with less, payments data is...

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Seventh Circuit Resets Illinois Swipe-Fee Fight as July 1 Deadline Looms
Seventh Circuit Resets Illinois Swipe-Fee Fight as July 1 Deadline Looms
May 08, 2026  |  Bank Regulation

The legal fight over Illinois’ first-in-the-nation swipe fee law is headed back to federal district court. The U.S. Court of Appeals for the Seventh Circuit...

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Revolving Credit Rates Rise as Everyday Expenses Pinch Consumers
Revolving Credit Rates Rise as Everyday Expenses Pinch Consumers
May 07, 2026  |  Consumer Finance

Americans are again leaning more heavily on credit cards to finance everyday life. The Federal Reserve’s latest G.19 consumer credit report showed consumer credit increased...

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Colorado Governor Receives Bill to Outlaw Swipe Fees on Sales Tax
Colorado Governor Receives Bill to Outlaw Swipe Fees on Sales Tax
May 07, 2026  |  Credit Cards

If Colorado’s governor signs a bill that’s now on his desk, the state will prohibit payment card networks from charging an interchange fee, or “swipe...

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