credit

What Lies Ahead for the CFPB as Trump 2.0 Takes Shape?

What Lies Ahead for the CFPB as Trump 2.0 Takes Shape?
What Lies Ahead for the CFPB as Trump 2.0 Takes Shape?
November 06, 2024  |  Legal & Regulation

As Donald Trump retakes the reins of power, the uncertainty over who occupies the White House is over. Republicans are retaking the Senate, and the...

READ MORE >
Mastercard Expands APAC Digital Wallet Reach With ‘Pay Local’
Mastercard Expands APAC Digital Wallet Reach With ‘Pay Local’
November 05, 2024  |  Mobile

Mastercard debuted a service that lets consumers make card-based payments via local digital wallets. With Pay Local, Mastercard cardholders link their credit or debit cards...

READ MORE >
Credit With Training Wheels: Secured Credit Cards and the Credit-Wary Consumer
Credit With Training Wheels: Secured Credit Cards and the Credit-Wary Consumer
November 04, 2024  |  Credit Cards

Financial institutions can convert credit card outsiders to become holders of secured credit cards by encouraging them to think long term. While some of these...

READ MORE >
Latest Consumer Data Shows Expenses Grew Faster Than Income in September
Latest Consumer Data Shows Expenses Grew Faster Than Income in September
October 31, 2024  |  Economy

The latest data from the Department of Commerce’s Bureau of Economic Analysis revealed that consumer spending outpaced income growth in September. The news may be...

READ MORE >
FTC Begins Refunding $2.5 Million in Credit Karma Deception Case
FTC Begins Refunding $2.5 Million in Credit Karma Deception Case
October 31, 2024  |  Legal & Regulation

The Federal Trade Commission is issuing payments to consumers misled by deceptive claims from Credit Karma. The FTC is sending checks and PayPal payments to...

READ MORE >
Mastercard: Contactless Payments Now 70% of Face-to-Face Transactions
Mastercard: Contactless Payments Now 70% of Face-to-Face Transactions
October 31, 2024  |  Payment Methods

Mastercard’s third-quarter earnings results demonstrated that consumers are still spending, and sentiment is healthy amid a resilient labor market and the Federal Reserve’s September cuts...

READ MORE >
Velera and RAI Collaborate on Credit Acceptance Programs
Velera and RAI Collaborate on Credit Acceptance Programs
October 30, 2024  |  Credit Unions

Velera and RAI Partners have teamed up to offer credit unions access to solutions that include turn-down programs and portfolio acquisitions. The two credit union...

READ MORE >
Private-Label Card Trends May Signal Uneven Holiday Spending
Private-Label Card Trends May Signal Uneven Holiday Spending
October 29, 2024  |  Credit Cards

Private-label credit cards, or store cards, make up a small percentage of overall consumer credit. The Federal Reserve estimated earlier this year that “retail credit...

READ MORE >