credit cards

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Visa: 50% of Global eCommerce Transactions Are Tokenized

Visa: 50% of Global eCommerce Transactions Are Tokenized
Visa: 50% of Global eCommerce Transactions Are Tokenized
April 29, 2025  |  VISA

Visa’s fiscal second quarter results underscored the continued displacement of cash in face-to-face commerce, the widening embrace of tap-to-pay technologies and rising commercial volumes —...

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SoFi Member Deposits Grow to $27.3 Billion and Cross-Selling Accelerates
SoFi Member Deposits Grow to $27.3 Billion and Cross-Selling Accelerates
April 29, 2025  |  Earnings

SoFi Technologies posted first-quarter earnings results Tuesday (April 29) that showed continued growth in deposits and debit spending, as well as a roadmap to fee-based...

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Visa Leverages the Listening Economy to Solve Customer Pain Points
Visa Leverages the Listening Economy to Solve Customer Pain Points
April 28, 2025  |  Opinion

Empathy combined with creativity leads to products that help clients unlock their potential, Visa Global Head of Acceptance Solutions Rob Cameron writes in a new...

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Debit Spend and Deposit Growth Drive Discover’s Final Standalone Quarter
Debit Spend and Deposit Growth Drive Discover’s Final Standalone Quarter
April 24, 2025  |  Earnings

Discover Financial Services posted first-quarter earnings results Thursday (April 24) that showed improving credit metrics, increased debit spending and higher deposits, ahead of its pending...

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Mastercard CEO Sees No Sign of Consumer Spending Slowdown
Mastercard CEO Sees No Sign of Consumer Spending Slowdown
April 23, 2025  |  Mastercard

Mastercard CEO Michael Miebach said the payments giant is not seeing consumer spending slow down despite the consumer sentiment surveys indicating that people are worried...

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Discover Lowers Provision for Credit Losses Amid ‘Positive Credit Trends’
Discover Lowers Provision for Credit Losses Amid ‘Positive Credit Trends’
April 23, 2025  |  Credit Cards

Positive credit trends contributed to “solid first quarter financial performance” at Discover Financial Services, Discover Interim CEO and President Michael Shepherd said in a Wednesday...

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62% of Consumers Without Traditional Credit Cards Already Use Credit
62% of Consumers Without Traditional Credit Cards Already Use Credit
April 23, 2025  |  Credit Cards

Many consumers without traditional credit cards are more receptive to credit-like products such as store cards and buy now, pay later plans, signaling a potential...

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Capital One CEO Says Discover Acquisition Will Build ‘Something Special’
Capital One CEO Says Discover Acquisition Will Build ‘Something Special’
April 22, 2025  |  Banking

With less than one month to go before its acquisition of Discover Financial Services, Capital One is on track to deliver synergies and forge an...

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