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Credit Card Losses Top Home, Auto Loans At US Banks
Credit Card Losses Top Home, Auto Loans At US Banks
May 01, 2019  |  Loans

Credit card losses at the biggest banks are outpacing auto and home loans, with the biggest margin seen in the last 10 years, according to...

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Mastercard: X-Border Volume Up Mid-Teens In 2019
Mastercard: X-Border Volume Up Mid-Teens In 2019
May 01, 2019  |  Earnings

Mastercard’s results continued a string of double-digit gains in transaction count, growth in card count and, of particular note, continued traction in cross-border activity. Get...

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Why AP Innovation Stalls
Why AP Innovation Stalls
May 01, 2019  |  Accounts Payable

Accounts payable operations are essential to ensuring that payments to a firm’s partners and suppliers are processed and delivered on time. These processes prevent companies...

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Max Levchin: What’s Missing From Today’s Financial Literacy Initiatives
Max Levchin: What’s Missing From Today’s Financial Literacy Initiatives
April 29, 2019  |  Alternative Finances

By the numbers, Americans are not a very financially literate people.  According to a Standard & Poor’s Global Financial Literacy survey only about 57 percent...

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Capital One Tops Q1 Views; Credit Card Loans Up 2 Pct
Capital One Tops Q1 Views; Credit Card Loans Up 2 Pct
April 26, 2019  |  Earnings

Capital One Financial posted results that were higher than Street estimates as its core card business grew, as did commercial lending activity. Get the Full...

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B2B And Contactless Drive Visa Earnings
B2B And Contactless Drive Visa Earnings
April 25, 2019  |  Earnings

Cross-border results slowed, and various currencies were headwinds to at least some international results, but spending on cards continued as Visa posted earnings that topped...

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PayPal Q1 Payments Volume Dips, Venmo User Base Grows
PayPal Q1 Payments Volume Dips, Venmo User Base Grows
April 24, 2019  |  Earnings

Payments app Venmo reached 40 million users at the end of Q1. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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Consumers Still Have Much To Learn To Reach Financial Literacy
Consumers Still Have Much To Learn To Reach Financial Literacy
April 24, 2019  |  Financial Inclusion

As Financial Literacy month comes to a close, we take a look at how consumers are faring with their finances. Despite being saddled with debt,...

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Standard Chartered Unveils Digital Card Issuance; UnionPay Inks Cooperation Agreements
Standard Chartered Unveils Digital Card Issuance; UnionPay Inks Cooperation Agreements
April 23, 2019  |  Global Payments

Welcome to The Axis, your late look at payments news from around the world. Coverage includes Standard Chartered Bank’s unveiling of instant digital credit issuance in...

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