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Consumers Use Stimulus Money To Pay Down Credit Card Debt
Consumers Use Stimulus Money To Pay Down Credit Card Debt
August 02, 2020  |  Debt

With one in five workers collecting jobless benefits thanks to the pandemic, banks braced for increased credit card debt and delinquencies as families struggled to...

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Cloud Technology For FIs, Debit Cards, Potential Credit Card Default Crisis Top This Week’s News
Cloud Technology For FIs, Debit Cards, Potential Credit Card Default Crisis Top This Week’s News
July 31, 2020  |  The Weekender

It’s the end of the work week, and the PYMNTS Weekender is here to make sure you didn’t miss anything with the latest in payments...

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American Express Q2 Revenues Plunge As Big Spenders Shut Their Wallets
American Express Q2 Revenues Plunge As Big Spenders Shut Their Wallets
July 24, 2020  |  Earnings

American Express managed to put up a surprising profit in the second quarter, but saw revenue sharply drop as consumer spending collapsed as the COVID-19 pandemic slammed...

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New Report: How FIs Are Finding Fraudsters Wherever They May Hide
New Report: How FIs Are Finding Fraudsters Wherever They May Hide
July 24, 2020  |  Fraud Prevention

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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myPOS Rolls Out Metal Card With New Benefits For SMBs
myPOS Rolls Out Metal Card With New Benefits For SMBs
July 23, 2020  |  B2B Payments

European FinTech payments company myPOS, which works in offering affordable payments to small- to medium-sized businesses (SMBs), has new credit cards that it says will...

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Big Tech’s Big Shadow Over FIs
Big Tech’s Big Shadow Over FIs
July 23, 2020  |  Digital Banking

Consumers cooped up at home by the pandemic have, in many cases, reoriented their entire lives around digital — and in some cases even learned...

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New Report: Five Ways The Pandemic Is Impacting CUs’ Card Innovation Plans
New Report: Five Ways The Pandemic Is Impacting CUs’ Card Innovation Plans
July 23, 2020  |  Credit Unions

Many consumers in the United States were confident in their financial stability at the end of 2019, but this came to an abrupt halt by...

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Capital One’s Credit Card Business Shrinks, But Delinquencies Fall
Capital One’s Credit Card Business Shrinks, But Delinquencies Fall
July 21, 2020  |  Earnings

Capital One reported on Tuesday (July 21) that its credit card business shrank during the second quarter, but that delinquencies fell despite the pandemic. Get...

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Apple Card Now Reporting To Experian
Apple Card Now Reporting To Experian
July 21, 2020  |  Apple

Apple Card users say reporting of their credit card use is now appearing on Experian, the consumer credit reporting company, AppleInsider reported. Get the Full Story...

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