Capital One’s acquisition of Brex, announced Thursday (Jan. 22), signals that the economics and mechanics of commercial card issuance are changing. As commercial cards move...
Small businesses are sending lenders the message that credit is broadly within reach, so the real fight is over flexibility and control. That was the...
Capital One paired its fourth-quarter earnings report Thursday (Jan. 22) with the announcement of its acquisition of Brex, positioning the deal as a structural move...
Bank of America and Citigroup are reportedly considering offering credit cards with a 10% interest rate in response to President Donald Trump’s demand for a cap on rates. This...
Bank of America’s Brian Moynihan is the latest CEO questioning a proposed 10% credit card interest rate cap. That cap, proposed earlier this month by...
Watch more: Need to Know: Thales’ Gustavo Menezes Even as digital wallets, instant provisioning and tokenized credentials reshape how consumers pay, physical cards continue to...
Household finances are increasingly shaped by credit use, as more consumers carry balances month to month rather than paying off purchases in full. According to...
JPMorgan Chase CEO Jamie Dimon said a 10% credit card interest rate cap would be catastrophic, Reuters reported Wednesday (Jan. 21). Speaking at the World...