Small to medium-sized businesses (SMBs) are telling credit card issuers something they need to hear: Rewards don’t seem to be working. Or at least, they’re not very effective at enticing more SMB owners and operators to move their operational spending to business cards. Get the...
Capital One has started originating some of its credit card accounts on the Discover Network, about 10 months after finalizing its acquisition of the network. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Merchant surcharges are in the news as retailers, large and small, look for extra revenue and consumers rail against their existence. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Users of the Rakuten Card Lite app can now get questions about their credit card statements answered by an artificial intelligence agent. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
The Trump Administration’s proposed 10% cap on credit card interest rates would harm access to credit as well as consumer spending in several sectors of the economy, Citi’s head of U.S. personal banking and incoming chief financial officer said Wednesday (Feb. 11). Get the Full Story...
Consumers who pay the most for their credit cards turn out to be the ones least likely to ignore them. Just 3.9% of premium cardholders report rarely or never using their high-fee plastic, making them the most loyal segment in the entire credit card market,...
After almost four years, Wells Fargo’s relationship with Bilt is winding down. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...
American Express (AmEx) has debuted its Flexible Payment Option (FPO) for small businesses. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...
Nearly three-quarters of credit cardholders who requested a limit increase and were denied turned to installment plans as an alternative source of credit, revealing how rejection decisions push consumers toward competing financial products. Get the Full Story Complete the form to unlock this article and...
