Brex secured a $235 million credit facility to expand its ability to provide global corporate cards and solutions for expense management, travel, banking and bill pay. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Credit card defaults are at their highest level since 2010 as consumers feel increasingly stretched. 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,...
More than a quarter of consumers own a store card, defined as a card that exclusively features a retailer’s branding. While co-branded cards can be used across several retailers, store cards can be used only at a particular merchant. Get the Full Story Complete the...
Rewards are among the key determinants in how consumers choose — and use — credit cards. 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...
The United Kingdom’s Payment Systems Regulator (PSR) proposed a price cap on cross-border interchange fees and is seeking comment on the level at which the cap should be set. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Fifty-three million U.S. consumers don’t have a credit card and are known as “credit card outsiders.” This diverse group includes both younger people seeking to build credit and older, cautious consumers. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
European lawmakers reportedly asked the United Kingdom’s Payment Systems Regulator (PSR) to reconsider its plans to restore a cap on interchange fees that was lifted after Brexit. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Late last week, a federal judge upheld an order blocking a cap on credit card late fees, as PYMNTS reported. But the debate over the fees — their usefulness, whether they should exist at all — is far from over. Get the Full Story Complete...
Payments technology provider Dojo reportedly has signed a new agreement with American Express that will help Dojo’s small business customers in the United Kingdom accept American Express payments with one unified contract. Get the Full Story Complete the form to unlock this article and enjoy...