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Credit Card Business Becoming Less Profitable Thanks To Costs, Loan Losses

Credit Card Business Becoming Less Profitable Thanks To Costs, Loan Losses
Credit Card Business Becoming Less Profitable Thanks To Costs, Loan Losses
May 17, 2018  |  Debt

Credit card companies, faced with an increase in costs associated with rewards and rising loan losses, have become less attractive after years of being one...

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Will Consumers Buy Airline Tickets Via Bank Accounts?
Will Consumers Buy Airline Tickets Via Bank Accounts?
May 14, 2018  |  Cross-border Payments

A payments initiative, backed by Germany-based Deutsche Bank, could lead to another web-based payment option for airline passengers and diminished revenue for credit card providers....

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Data Dive: Coming, Going And Returning With Apple, PayPal And Wells Fargo
Data Dive: Coming, Going And Returning With Apple, PayPal And Wells Fargo
May 14, 2018  |  Today In Data

Twenty years ago today the last new episode of Seinfeld aired, much to the moaning and groaning of fans everywhere — especially after they saw...

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Moody’s: Underwriting Standards Loosen, A Bit, In Q1
Moody’s: Underwriting Standards Loosen, A Bit, In Q1
May 09, 2018  |  Consumer Finance

It got a little easier to get credit in the first quarter, said Moody’s on May 8, but auto loans bear watching. Get the Full...

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Goldman Sachs and Wells Fargo Eyeing The Credit Card Lending Market
Goldman Sachs and Wells Fargo Eyeing The Credit Card Lending Market
May 09, 2018  |  Banking

Goldman Sachs and Wells Fargo are gearing up to go after the credit card lending industry as it seeks to access some of the $183...

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Data Shows Credit Card Usage On The Rise As Delinquency Rates Climb
Data Shows Credit Card Usage On The Rise As Delinquency Rates Climb
May 08, 2018  |  Consumer Finance

A new report from TransUnion shows that credit card usage continued to rise, as delinquency rates per borrower also increased. Get the Full Story Complete...

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NY Rep Tries Again With Small Business Credit Card Act
NY Rep Tries Again With Small Business Credit Card Act
May 02, 2018  |  B2B Payments

Acknowledging Small Business Week, New York Congresswoman Nita Lowey (D-NY12/Rockland-Westchester) introduced legislation into Congress to expand consumer credit card protections for small businesses. Get the...

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Five At Five: India Moves Toward Sophisticated Payments
Five At Five: India Moves Toward Sophisticated Payments
April 30, 2018  |  News

Welcome to Five at Five, your late look at some of the freshest payments news of the day. Today’s stories include a discussion about how...

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