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US Credit Card Balances End Year At $870B Record High
US Credit Card Balances End Year At $870B Record High
March 05, 2019  |  Consumer Finance

Credit card debt in the U.S. reached $870 billion at the end of last year, setting a record. Get the Full Story Complete the form...

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Square Launches Appointments App For Android
Square Launches Appointments App For Android
March 04, 2019  |  Mobile Payments

To help manage the booking and payment needs of its users, Square rolled out its Appointments app for Android. The app can be downloaded for...

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Citi Launches Digital Payment Service For Rent, School Expenses
Citi Launches Digital Payment Service For Rent, School Expenses
February 26, 2019  |  Digital Payments

Citigroup, the U.S. banking giant, announced on Tuesday (Feb. 26) the launch of a new service that lets users pay their rent and school expenses each...

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Visa, Mastercard, Banks Settle Card Fee Lawsuit
Visa, Mastercard, Banks Settle Card Fee Lawsuit
February 22, 2019  |  Banking

In a settlement that has been given preliminary approval by a federal court in New York, Visa and Mastercard, along with bank defendants, have agreed...

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Mastercard In Renewed China Push
Mastercard In Renewed China Push
February 22, 2019  |  International

Mastercard, in an effort to gain entry into the Chinese market, is looking toward a joint venture that may help the card giant get a...

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Formjacking Takes Off (And The Rest Of The Week In Sizzles And Fizzles)
Formjacking Takes Off (And The Rest Of The Week In Sizzles And Fizzles)
February 22, 2019  |  Sizzle/Fizzle

While there is much negative to be said about cybercriminals, one can’t accuse hackers and cybercriminals of being uncreative in their methods.  As phishing and...

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Default Rates Remain Stable In First Month Of New Year
Default Rates Remain Stable In First Month Of New Year
February 20, 2019  |  Economy

S&P Dow Jones Indices and Experian Wednesday (Feb. 20) released the S&P/Experian Consumer Credit Default Indices data, representing a comprehensive measure of changes in consumer...

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FinTech-As-A-Service Eyes Global Payments Simplification Makeover
FinTech-As-A-Service Eyes Global Payments Simplification Makeover
February 19, 2019  |  Payment Methods

To streamline FinTech, and to help consumers and businesses transact in the ways they desire, firms must move beyond the silo approach. FinTech still exists...

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In China, Some Banks Shy Away From Letting Cards Max Out
In China, Some Banks Shy Away From Letting Cards Max Out
February 18, 2019  |  Regulation

In China, Reuters reports that banks have resisted “maxing” out their credit card business, eyeing consumer spending and the fact that credit card lending has...

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