Credit card performance metrics are showing signs of “consumer distress,” the Federal Reserve Bank of Philadelphia said Wednesday (April 9). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Visa reportedly offered Apple about $100 million to get the tech giant’s credit card business, which is held by Mastercard. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Card issuing — once the province of big banks — is changing, as issuers move beyond basic transaction services to stay competitive. In the process, they face growing demands for digital-first experiences, seamless integrations and data-driven personalization. Get the Full Story Complete the form to...
Mastercard and Visa are probing claims that illegal gambling websites facilitated deposits through their networks. 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,...
Higher costs and financial uncertainty are prompting many consumers to reassess their credit card choices. Financial stability plays a key role in how individuals select their cards, with factors like rewards and credit-building opportunities influencing their decisions. Get the Full Story Complete the form to...
For years, the so-called “credit card outsiders,” a diverse group of American consumers that includes a variety of cohorts, have each independently resisted the credit card siren song of rewards points, cash-back offers, and financial flexibility. Get the Full Story Complete the form to unlock...
When it comes to credit, baby boomers and seniors stand out for their distinct preferences. Despite being major users of credit cards and store cards, these older consumers show little interest in adopting new credit products or alternative payment methods like buy now, pay later...
Consumers’ relationships with credit are shaped by various life circumstances, which influence their decisions to enter or leave the credit market. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
By now, the story of the birth of the credit card has taken on the stuff of legend. The current state of that legend dates the key event to Feb. 8, 1950. That’s 75 years ago today. And here we are. Get the Full Story...
