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. Get...
Bank of America’s Brian Moynihan is the latest CEO questioning a proposed 10% credit card interest rate cap. Get the Full Story Complete the form...
Watch more: Need to Know: Thales’ Gustavo Menezes Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Household finances are increasingly shaped by credit use, as more consumers carry balances month to month rather than paying off purchases in full. Get the...
JPMorgan Chase CEO Jamie Dimon said a 10% credit card interest rate cap would be catastrophic, Reuters reported Wednesday (Jan. 21). Get the Full Story...
Citigroup Chair and CEO Jane Fraser said Tuesday (Jan. 20) that she does not expect Congress to support the 10% cap on credit card interest...
Trust and security have always underpinned payments, but they have become the decisive factors that determine whether a cardholder continues using a credential or pivots...
Watch more: Need to Know: Mastercard’s Marc Pettican Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...