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Millennials Shun Credit Cards After Getting Denied

Millennials Shun Credit Cards After Getting Denied
Millennials Shun Credit Cards After Getting Denied
October 27, 2016  |  Payment Methods

ID Analytics, a consumer risk management company, announced Wednesday (Oct. 26) new research that revealed over six out of 10 millennials declined for credit are...

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Credit, Debit Card Fraud Losses Reached $21.84 Billion Last Year
Credit, Debit Card Fraud Losses Reached $21.84 Billion Last Year
October 26, 2016  |  Cybersecurity

Fraud losses incurred by banks and merchants on all credit, debit and prepaid general-purpose and private-label payment cards issued worldwide reached $21.84 billion last year...

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Credit Card Companies’ Focus On Subprime Increases Rate Of Missed Payments
Credit Card Companies’ Focus On Subprime Increases Rate Of Missed Payments
October 25, 2016  |  Payment Methods

Credit card companies have not been shy when it comes to lending to subprime customers, but according to new data from TransUnion, that strategy is...

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Credit Card Upfront Perks Worrying Some Analysts
Credit Card Upfront Perks Worrying Some Analysts
October 18, 2016  |  Loyalty & Rewards

Credit card companies are pulling out all the stops to lure new customers, and it turns out consumers are getting more savvy, taking advantage of...

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Citi Beats, Sees Card Growth on Costco Deal
Citi Beats, Sees Card Growth on Costco Deal
October 14, 2016  |  News

Among the trio of large banks reporting earnings on Friday — which, individually, bested earnings estimates — Citigroup posted its gains on reboot to trading...

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For Wells Fargo, A Beat, But Ominous Signs in Consumer Metrics
For Wells Fargo, A Beat, But Ominous Signs in Consumer Metrics
October 14, 2016  |  News

It wasn’t much of an earnings hurdle to cross, but Wells Fargo cleared it. Get the Full Story Complete the form to unlock this article...

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SCOTUS To Mull The Credit Card Surcharge Battle
SCOTUS To Mull The Credit Card Surcharge Battle
September 29, 2016  |  Payment Methods

In the latest salvo of the war over credit cards, surcharges and retailers who pay “swipe fees” when consumers deign to use cards rather than...

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