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Wells CFO Not Losing Sleep Over Rising Consumer Debt
Wells CFO Not Losing Sleep Over Rising Consumer Debt
November 16, 2017  |  Debt

Wells Fargo Chief Financial Officer John Shrewsberry said at an industry conference on Wednesday (Nov. 15) that he isn’t concerned consumers are having a tough...

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BOA Commercial Card Clients Get Digital Assist(ant)
BOA Commercial Card Clients Get Digital Assist(ant)
November 16, 2017  |  Banking

Bank of America Merrill Lynch announced news on Wednesday (Nov. 15) of the launch of Card Assistant — a digital tool which provides business banking...

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Goldman Sees $13B In Consumer Loans In Its Future
Goldman Sees $13B In Consumer Loans In Its Future
November 15, 2017  |  Loans

Goldman Sachs revealed that it can reach $13 billion in new consumer loans in the next three years through its Marcus online lending business. Get...

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The CFPB Wants More Data On Free Credit Scoring Sites
The CFPB Wants More Data On Free Credit Scoring Sites
November 14, 2017  |  CFPB

The Consumer Financial Protection Bureau (CFPB) is looking for more information on consumers’ experiences with using sites that promise free access to a credit score....

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Foreign Card Firms May Need Local Partners To Set Up Shop In China
Foreign Card Firms May Need Local Partners To Set Up Shop In China
November 07, 2017  |  South East Asia

The push of U.S.-based credit card companies to finally gain access to the Chinese mainland has hit yet another bump. Reuters reports that the Chinese government...

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Theory Of Payments Evolution: EMV Will Get Better With Age
Theory Of Payments Evolution: EMV Will Get Better With Age
November 03, 2017  |  Payment Methods

If there is one universal truth in payments, it’s that the easier a process feels to consumers, the more difficult it was to implement on...

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Citigroup Pockets $150M From Selling Hilton Hotel Card Deal To Amex
Citigroup Pockets $150M From Selling Hilton Hotel Card Deal To Amex
November 01, 2017  |  Partnerships / Acquisitions

Citigroup announced that it expects to record a $150 million pretax gain on the sale to American Express of a $1.2 billion credit card portfolio,...

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Hilton Settles Data Breach Suit for $700,000
Hilton Settles Data Breach Suit for $700,000
November 01, 2017  |  Security & Fraud

The attorney general of New York announced a settlement with Hilton over the exposure of hundreds of thousands of credit card details, CNBC reported. The...

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NEW STUDY: Who Are The Financial Invisibles?
NEW STUDY: Who Are The Financial Invisibles?
October 31, 2017  |  Consumer Finance

Paying bills and maintaining financial well-being may feel like a chore to many, but for nearly half of Americans, it’s a day-to-day struggle. Get the...

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